Wells Fargo stock drops after US regulator issues enforcement …
Sep 12, 2024 · The Office of the Comptroller of the Currency, a top banking regulator in the United States, said Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its...
Wells Fargo’s $125 Million Fine For Employees Using Personal ... - Forbes
Aug 8, 2023 · Wells Fargo will pay $125 million in fines to the Securities and Exchange Commission after employees were found to be using personal text messages and emails to conduct business that legally...
Union drive at Wells Fargo heats up amid intimidation claims
Oct 17, 2024 · Wells Fargo employees seeking to unionize allege the bank laid off members of their proposed bargaining unit ahead of a scheduled vote as an intimidation tactic.
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Newly freed from federal restrictions, Wells Fargo agrees to shore …
Sep 13, 2024 · Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering.
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Wells Fargo departs climate banking group in another high …
Dec 20, 2024 · GOP officials have been cracking down on companies they view as climate-friendly.
US Eases Restrictions on Wells Fargo After Years of Strict …
Feb 15, 2024 · The Biden Administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.
Wells Fargo Newsroom - Wells Fargo Issues Statement …
Jun 28, 2024 · Wells Fargo Company (NYSE: WFC) today announced that it has completed the 2024 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to be 3.8%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory capital requirements.
Wells Fargo Says It’s Quitting Climate-Banking Group (2)
Dec 20, 2024 · Wells Fargo & Co. said it’s leaving the world’s biggest climate alliance for banks, in the latest sign that Wall Street is breaking away from such groups. The company said in a statement Friday that it ended its membership in the Net-Zero Banking Alliance.The bank, based in San Francisco, didn’t provide an explanation for its decision.
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