When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for a widespread scandal involving the creation of fake customer accounts, CEO ...

The bank has 4.5% more consumer checking accounts, even after including a small drop in September in the wake of the scandal, and more of Wells Fargo's customers now have a credit card with the bank.

A year on, Wells Fargo cannot shake off its mis-selling scandal Though its impact on the bank has been less profound than feared. Share. Sep 7th 2017 ...

Wells Fargo CEO Timothy Sloan said retail-banking customer metrics may shift rather than mimic pre-settlement levels, in response to a question on the analyst call. Wells Fargo is trying to figure ...

Wells Fargo & Co on Friday reported a 31% decline in third-quarter profit as the bank racked up costs related to a fake accounts scandal and boosted its loan loss reserves in preparation for a ...

As if Wells Fargo's poor showing Tuesday as Chairman and CEO John Stumpf appeared before the Senate Banking Committee wasn't bad enough, the unfolding scandal looks even worse as more former ...

Former Wells Fargo exec Carrie Tolstedt was sentenced Friday for obstructing a regulatory investigation into the bank's fake-accounts scandal. Douglas Fruehling By Mark Calvey – Senior Reporter ...

So it seems that the unofficial rule of thumb is that if the U.S. financial regulators have a slow month, they just slap Wells Fargo with another fine, which is likely fair enough. The bank has ...

Wells Fargo, in the mind of the consumer, has fully joined consumer-unfriendly mega-borg banks like BAC and JPM/Chase. Leaving it in it's current state invites more fraud at all levels.

Millions of Wells Fargo customers are one step closer to receiving money following the bank's fake-account scandal. A federal judge has given preliminary approval for a class action lawsuit. That ...

Wells Fargo’s growth has been limited since 2018 by an asset cap restriction imposed by the Federal Reserve as punishment for the bank’s sham accounts scandal and other misdeeds. Mr.

DALLAS (AP) — It's the topic the banking industry can't avoid, even when people prefer not to mention it by name: Wells Fargo. Banking executives and consultants who normally focus on checking ...