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Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...
After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...
The Federal Reserve determined that Wells Fargo has met all the conditions required by the 2018 enforcement action for removal of the growth restriction, the Board of Governors of the Federal Reserve ...
Wells Fargo will give refunds to more than 570,000 auto loan customers who were also charged for auto insurance without their knowledge. The bank said in August it will begin sending letters ...
The bank said late Thursday it is "extremely sorry" for charging as many as 570,000 customers for car insurance they didn't need. An internal review by Wells Fargo (WFC) found that about 20,000 of ...
The bank announced late Thursday that it will pay $80 million to customers who the bank signed up and charged for auto insurance that they did not want or need. Wells Fargo said that roughly ...
Wells Fargo executives were warned that the bank’s auto insurance program was harming customers four years before it was shut down, according to a lawsuit. Wells Fargo admitted last year to ...
Wells Fargo is back in the spotlight for another scandal. This time, for signing up 490,000 auto-loan customers for insurance they didn't need. This comes less than a year after the bank generated ...
Wells Fargo & Co. charged hundreds of thousands of auto-loan borrowers for insurance they did not ask for or need, in some cases causing those customers’ cars to be repossessed — the latest in ...
as well as coercing consumers to pay for insurance on top of their auto loans that they did not need. Each offense carried a cost of $500 each. Wells Fargo has been caught over the last two years ...
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