Wells Fargo stock drops after US regulator issues enforcement …
WEBSep 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 risk ...
Wells Fargo's New Enforcement Action Pushes Back The Asset …
WEB16 hours ago · Wells Fargo's ongoing regulatory issues delay likelihood of the Federal Reserve lifting its $1.95T asset cap. Read why I downgrade WFC stock from buy to hold.
US regulator orders Wells Fargo to overhaul its efforts to combat ...
WEBSept 12 (Reuters) - The Office of the Comptroller of the Currency (OCC), a top banking regulator in the United States, said on Thursday it has issued an enforcement action against Wells Fargo...
Wells Fargo Expands API Capabilities for its Commercial Banking …
WEB2 days ago · SAN FRANCISCO, September 17, 2024--Wells Fargo & Company (NYSE: WFC) today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients.
Regulator Orders Wells Fargo to Fix Financial-Crime Controls
WEBWells Fargo, whose shares were recently down 4.8%, to $51.17, has struggled to monitor financial crimes amid its yearslong effort to recover from a series of scandals.
Newly freed from federal restrictions, Wells Fargo agrees to
WEB6 days ago · By The Associated Press Updated September 13, 2024 2:52 pm. Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls ...
Andrew Barnes Joins Wells Fargo Commercial Banking Team to …
WEBSAN FRANCISCO, September 12, 2024 -- (BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced Andrew Barnes as the first Military and Veteran segment leader for the Commercial Banking ...
Live news: US regulators identify lapses in Wells Fargo’s anti …
WEBSep 12, 2024 · US regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank.
What The Wells Fargo Layoffs Mean For Jobs, Stocks, And …
WEBJan 19, 2024 · The news, which surfaced in late 2023, revealed that Wells Fargo CEO Charlie Scharf shared plans to cut the company’s workforce, anticipating severance costs ranging between $750 million to...
US regulator eases restrictions on Wells Fargo | AP News
WEBFeb 16, 2024 · NEW YORK (AP) — The Biden administration eased some of the restrictions on banking giant Wells Fargo, saying the bank has sufficiently fixed its toxic culture after years of scandals.