The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study ...

Nearly 200 Wells Fargo employees in North Carolina will lose their jobs this summer, according to an N.C. Worker Adjustment and Retraining Notification Act report.

An apparent proposal for a regulatory change should benefit large banks. On top of that, an analyst raised his price target on Wells Fargo's shares. Late on Tuesday, Bloomberg reported that ...

Wells Fargo announces layoff of another 35 workers in West Des Moines effective in August, bringing the total to 1,241 since April of 2022.

Heiden — as retired co-president of Wells Fargo Home Mortgage — multiple times was named one of U.S. Banker magazine’s “25 Most Powerful Women in Banking.” ...

Wells Fargo also will become a bigger player in the lending market by originating more commercial loans and residential home equity lines rather than having to sell into secondary markets, he said.

Wells Fargo opens its 13th Long Island branch, announces $100K grant for affordable housing in North Bellport with LIHP.

The Fed in 2018 banned Wells Fargo from growing its assets beyond $1.95 trillion in response to a series of sales scandals across several divisions of the bank. Along with the asset cap — the ...

Wells Fargo & Co. has cleared a major obstacle to its growth plans, opening the way for the bank to grow after years of restrictions related to its fake-accounts scandal.

This story has been updated with an analyst's comments. Wells Fargo has finally broken free from the regulatory shackles that have constricted its growth for more than seven years. The Federal Reserve ...

Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.

(Reuters) -The U.S. Federal Reserve announced on Tuesday that Wells Fargo will no longer have to operate under a $1.95 trillion asset cap the regulator imposed on the bank in 2018 following its ...