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Customer harm includes hundreds losing homes due to mortgage modification errors, and the bank has faced discrimination settlements for unfair hiring practices against Black and female applicants. The ...
In laying out its privatization plan, the bank is returning to a previous, historical ambition: Wells Fargo was founded in ... care and paid leave. With Black employees making up 29 percent ...
The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...
For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
For Wells Fargo, nearly a decade's worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the ...
At $1.9 trillion in assets, Wells Fargo is the third largest bank in the U.S. behind JPMorgan Chase and Bank of America, according to Federal Reserve data. It had 4,177 retail bank branches ...
plaintiffs in the Wells Fargo class-action lawsuit alleged that the bank provided forbearances to clients who hadn’t explicitly asked for one. According to ClassAction.org, Wells Fargo ...
Wells Fargo is a decent choice if you're looking for a brick-and-mortar bank, but it isn't as competitive as the best banks. Business Insider's personal finance team found that it is in need of ...