As a reminder, we have outstanding litigation, regulatory, and customer remediation matters that could impact operating losses during the remainder of the year. In summary, we had solid results in the third quarter, which demonstrated the progress we are making to transform Wells Fargo and improve...
Wells Fargo has paid refunds of premiums and bank fees to eligible customers with applicable renters and simplified term life insurance policies, among other potential compensation. We have provided remediation to eligible customers with policies opened between December 3, 2008 and November 30, 2016. ...
News Release | July 14, 2020 Wells Fargo Reports Second Quarter 2020 Net Loss of $2.4 Billion, which Included an $8.4 Billion Increase in the Credit Loss Reserve Driven by Current and Forecasted Economic Conditions Board of Directors intends to reduce third quarter 2020 common stock dividend ...
In its third-quarter earnings, filed with the SEC in October, the bank reported $2 billion in operating losses due to “litigation, customer remediation, and regulatory matters primarily related to a variety of historical matters” in the quarter, Wells Fargo CEO Charles Scharf said on the comp...
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