Por: CBS News Business December 21, 2022
Federal regulators ordered Wells Fargo to pay $3.7 billion in fines and refunds to customers, marking the largest fine to date against the nation's third largest bank.The fines come after the Consumer Financial Protection Bureau (CFPB) alleged Wells Fargo has illegally assessed fees and interest charges on auto loans and mortgages, wrongly repossessed customers' cars and misapplied payments to auto and mortgage loans. The consumer... + full article
MarketWatch USA Business December 20, 2022
“Wells Fargo’s rinse-repeat cycle of violating the law has harmed millions of American families,” said CFPB Director Rohit Chopra. “The CFPB is ordering Wells Fargo to refund billions of dollars to consumers across the country. This is an important initial step for... + más
Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers | Business Insider
Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News
Associated Press USA Business December 20, 2022
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and... + más
Politico USA Business December 20, 2022
Wells Fargo will pay $3.7 billion to settle allegations by the Consumer Financial Protection Bureau that it mismanaged auto loans, mortgages and deposit accounts, in the largest penalty ever levied by the agency. The is the latest in a string of woes for the scandal-plagued... + más
10 WBNS USA Nation December 20, 2022
WASHINGTON — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking... + más
CBS News USA Business November 11, 2022
One of the nation's largest labor groups is accusing Wells Fargo of trying to deter employees at the financial giant from forming a union.The Communication Workers of America filed two against Wells Fargo this week, alleging that managers threatened and disciplined workers... + más
Sen. Elizabeth Warren calls Wells Fargo CEO 'evasive,' presses bank for fraud complaints on Zelle payment platform | CNBC
As Wells Fargo prepares to purge thousands of accounts from its private bank, leaked documents reveal the script its wealth advisors are using to prevent downgraded clients from jumping ship | Business Insider
CNBC USA Politics November 07, 2022
In this articlePedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022.Victor J. Blue Bloomberg Getty ImagesSen. Elizabeth Warren called CEO Charles Scharf evasive, saying the bank's answers to her questions about fraud across the Zelle... + más
Why Zelle moves twice as much money as Venmo and the Cash App combined | MarketWatch
Fraud, scam cases increasing on Zelle, Senate report finds | Los Angeles Times
Business Insider USA Business October 03, 2022
Wells Fargo CEO Charlie Scharf is , and tens of thousands of customers are about to feel the pinch.Last year, in an effort to streamline its sprawling wealth-management business, Wells Fargo folded its private-banking operations into its brokerage unit; retired the upscale Abbot... + más
Inside the turmoil at Credit Suisse | Business Insider
New $50M Club Level at the Wells Fargo Center will open this fall with new restaurants, bars, retail and seating options | PennLive
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