Wells Fargo to Pay $1 Billion to Settle Investor Lawsuit
Wells Fargo will pay $1 billion as part of the settlement of a lawsuit filed by investors in connection with the situation with authorized customer accounts.
Wells Fargo - page 2
SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees
The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.
Deposits Reportedly Disappear From Wells Fargo Bank Accounts
Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.
Wells Fargo Reportedly Works With Borrowers as Office Sector Struggles
The media reports that Wells Fargo management expects that the activities of this financial institution in the field of real estate lending will have a negative result in the form of losses.
SEC Hits Former Wells Fargo Community Bank Lead With $3 Million Fine
In the United States, the Securities and Exchange Commission on Tuesday, May 30, announced an agreement with the former head of the Community Bank Wells Fargo & Co. Carrie L. Tolstedt.
Wells Fargo Reaches $1 Billion Settlement With Shareholders
Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.
More Wall Street Giants Back Versana Syndicated Loan Platform
Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest representatives of the financial services industry to support the Versana syndicated lending platform.
Wells Fargo Launches Digital Platform for Wealth Management Customers
Wells Fargo has announced the imminent launch of a digital platform for money management and money tracking.
US Biggest Banks Teams Up to Take On Apple and PayPal
The largest US banks are joining forces to create a digital wallet.
US Banks to Report Profit Decline, Prepare for Recession
Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown
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