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...
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Wells Fargo will make sweeping cuts in Oregon next year, moving …
3 days ago · Wells Fargo’s global operations business will pull out of offices in Hillsboro, Portland and Salem in 2025 as the company consolidates operations elsewhere in the U.S. The pending cuts follow ...
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.
US regulator orders Wells Fargo to overhaul its efforts to combat ...
Sept 12 (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...
Wells Fargo's latest regulatory rebuke may prolong asset cap …
Sep 13, 2024 · Wells Fargo operates under a $1.95 trillion asset cap that prevents it from growing until regulators deem it has fixed problems dating back to the fake accounts scandal. It still has eight...
Officials probe death of Wells Fargo employee found in her …
Aug 29, 2024 · A 60-year-old Arizona Wells Fargo employee scanned into her office on a Friday on what appeared to be an ordinary workday. Then, four days later, she was found dead in her cubicle. Denise...
Wells Fargo CEO warns of severance costs as layoffs loom
Dec 5, 2023 · Wells Fargo, the fourth-biggest U.S. bank by assets, was already among the most active in laying off workers this year, thanks in part to its retrenchment from the mortgage arena. The bank has...
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