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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.
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 ...
The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts.
Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put ...
Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. The caps cost the bank billions in profits during the years they were in place. Wells Fargo ...
Federal regulators have lifted Wells Fargo’s $1.95 trillion asset cap, its biggest penalty since the 2016 fake accounts scandal, allowing growth again.
Wells Fargo’s history of fines, fraud, and misconduct spans years, including a $3B settlement and its $2T cap being lifted in 2023.
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 to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively. Deal expected to close by Q1 2026.
Wells Fargo has revised previously announced layoff numbers to more workers at its Jordan Creek campus in West Des Moines.
Bucking national banking trends, California-based Wells Fargo is cutting the ribbon on two new Chicago branches this week as it continues to aggressively expand its retail footprint in the city and… ...
Wells Fargo & Co.’s wealth and investment management group continues to build out its support for registered investment advisors and said it hired Megan Hausmann as a lead recruiter for its RIA ...
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