Por: Business Insider Business December 21, 2022
For the fifth time in six years, Wells Fargo is ponying up a lot of money to settle a scandal.Wells Fargo is agreeing to to resolve allegations by a top consumer agency that the bank's illegal practices cost customers billions of dollars.The Consumer Financial Protection Bureau, an agency formed in 2011 in response to the financial collapse after the 2008 subprime-mortgage crisis, accused Wells Fargo of wrongly charging overdraft fees and... + full article
CBS News USA 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... + más
Wells Fargo to pay $3.7B over consumer loan violations | 10 WBNS
Wells Fargo to pay $3.7B over consumer law violations | Associated Press
Los Angeles Times USA Business December 21, 2022
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts. Wells was ordered to... + 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
The Root USA Crime December 21, 2022
Ever heard the saying f %k around and find out? Wells Fargo Bank is now in that very painful finding-out stage. The Consumer Financial Protection Bureau just ordered the financial institution to pay $3.7 billion in damages and penalties.nnFun fact, this is the largest fine ever... + más
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
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
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
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
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