A business in the Houston-area says $40,000 was stolen from their account, but Wells Fargo says no fraud was committed.

NEW YORK, Feb 11 (Reuters) - A top Wells Fargo (WFC.N), opens new tab executive ... Bureau closed a 2022 order against the bank over its alleged mishandling of auto loans and mortgages.

In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

The SEC's settlement with Wells Fargo says the firm, during the period under scrutiny, had only one sweeps account option for its clients. Money in those accounts was moved over to Wells Fargo ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

Jan 21 (Reuters) - U.S. bank Wells Fargo (WFC.N), opens new tab named JPMorgan ... sending its shares down over 7%. Autos & Transportationcategory Japan's Mazda plans $150 million investment ...

Furthermore, Wells Fargo’s dividend per share increased by 14% year-over-year, and the company demonstrated shareholder value through significant stock repurchases. The outlook for 2025 is ...

Wells Fargo and Merrill Lynch will pay $35 million and $25 million, respectively, to settle allegations by the Securities and Exchange Commission (SEC) that their handling of investment accounts’ cash ...

U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K) 1.15% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L) 0.86% U.S. Bancorp Dep. Pfd ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were profitable for the companies, the SEC said. Merrill Lynch and two units of ...

Wells Fargo & Co. reported in November 2023 that it was facing an "advisory account cash sweep investigation" by the SEC. And over the summer, some firms, including Wells Fargo, said they had ...

San Francisco and a handful of other US cities are suing the Trump administration over its move to block funding for local governments with “sanctuary” policies as the president cracks down on ...