Wells Fargo stock drops after US regulator issues enforcement …
Sep 12, 2024 · The Office of the Comptroller of the Currency, a top banking regulator in the United States, said Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its...
Wells Fargo’s $125 Million Fine For Employees Using Personal ... - Forbes
Aug 8, 2023 · Wells Fargo will pay $125 million in fines to the Securities and Exchange Commission after employees were found to be using personal text messages and emails to conduct business that legally...
Newly freed from federal restrictions, Wells Fargo agrees to shore …
Sep 13, 2024 · Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering.
Union drive at Wells Fargo heats up amid intimidation claims
Oct 17, 2024 · Wells Fargo employees seeking to unionize allege the bank laid off members of their proposed bargaining unit ahead of a scheduled vote as an intimidation tactic.
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US regulator eases restrictions on Wells Fargo | AP News
Feb 16, 2024 · The Biden administration is easing its restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.
US regulator orders Wells Fargo to overhaul its efforts to combat ...
Sep 13, 2024 · (Reuters) -Wells Fargo shares slid on Thursday after a U.S. banking regulator found its safeguards against money laundering and other illegal transactions were too lax and restricted its...
Wells Fargo CEO Expresses More Confidence in Regulatory Fixes - U.S. News
Dec 11, 2024 · NEW YORK (Reuters) -Wells Fargo CEO Charlie Scharf expressed more confidence on Wednesday in the bank's progress to fix compliance problems after its years-long fake accounts scandal, detailing...
Wells Fargo Newsroom - Wells Fargo Issues Statement …
Jun 28, 2024 · Wells Fargo Company (NYSE: WFC) today announced that it has completed the 2024 Comprehensive Capital Analysis and Review (CCAR) stress test process. The Company expects its stress capital buffer (SCB) to be 3.8%, which represents a percentage amount of incremental capital the Company must hold above its minimum regulatory capital requirements.
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