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Wells Fargo is closing inactive accounts, and it may start affecting more customers in June. If your account hasn’t had any activity for 16 months or more, it could be shut down—possibly ...
Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put limits on growth in response to a fake-accounts scandal. It has been a lost decade for Wells Fargo.
Wells Fargo’s nearly $2 trillion asset cap punishment by the Federal Reserve has meant the fourth-largest bank in the U.S. couldn’t grow in the wake of its massive fake sales account scandal.
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.It's a win for Wells ...
SAN FRANCISCO, May 20, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Bernstein Strategic Decisions Conference ...
Wells Fargo WFC and PNC Financial PNC are major banking stocks offering broad financial services. Both have been the key competitors in the banking sector, and faced challenges and opportunities ...
Wells Fargo said in a report that President Donald Trump's tariffs won't bring manufacturing back. High labor costs and a lack of workers would make building more factories an "uphill battle." ...
The US Federal Reserve on Tuesday announced that Wells Fargo will no longer be subjected to asset growth restrictions that the regulator imposed on the bank in 2018, following its long-running ...
May 22 (Reuters) - The department store chain Dillard's (DDS.N), opens new tab sued Wells Fargo (WFC.N), opens new tab on Thursday, saying the bank repeatedly breached a since-abandoned co-branded ...
According to an official statement from Wells Fargo, starting on the specified date, the bank will have the right to reject or delay transactions it deems suspicious or irregular. This means there ...