Wells Fargo, Federal Reserve

Fed ends two regulatory punishments imposed on Wells Fargo in 2011
The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but said the bank's asset cap remained in place.The enforcement actions were related to deficient practices in mortgage servicing and foreclosures by the bank,
Fed Ends Two Wells Fargo Orders Tied to Mortgage Practices
The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago, the central bank said Tuesday.
Wells Fargo gains termination of two more Federal Reserve consent orders
Wells Fargo & Co. has narrowed by two the number of outstanding consent orders with the Federal Reserve Board, but the $1.9 trillion total asset cap established in February 2018
Federal Reserve Board Terminates Two Enforcement Actions Against Wells Fargo
The Federal Reserve Board announced the termination of two enforcement actions with Wells Fargo that were initiated in 2011. The
Wells Fargo Says Fed Closes Two Longstanding Enforcement Actions Against It
One pertained to deficient practices in Wells Fargo's residential mortgage loan servicing and foreclosure processing. The other was related to the mortgage lending practices of a former subsidiary, Wells Fargo Financial.
Wells Fargo executives plot life after $36 billion punishment
Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the Federal Reserve to get the restriction lifted. By one meas
Wells Fargo clears another postscandal regulatory hurdle — but more remain
The bank’s stock rises as it fulfills two disciplinary orders from the Federal Reserve related to its mortgage business — but ...
American Banker1d
Wells Fargo union accuses the bank of 'unlawful' tactics
Representatives of the first non-branch team at the bank to unionize alleged in a charge filed with the National Labor Relations Board that actions to stymie collective bargaining constitute unfair ...
MarketWatch1d
Wells Fargo & Co.
U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K)-0.29% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L)-0.30% U.S. Bancorp Dep. Pfd ...
Wells Fargo & Company Issues Pessimistic Forecast for PepsiCo (NASDAQ:PEP) Stock Price
PepsiCo (NASDAQ:PEP – Free Report) had its price objective cut by Wells Fargo & Company from $155.00 to $150.00 in a report issued on Wednesday,Benzinga reports. They currently have an equal weight ...
American Banker4d
Wells Fargo freed from a pair of 13-year-old consent orders
The Federal Reserve Board lifted two enforcement actions against the megabank dating back to 2011. But the Fed's seven-year-old asset cap remains in effect.
fintechmagazine1d
Wells Fargo Assigns New Head of Sustainability
Jeffrey Schub steps in as Wells Fargo's new Head of Sustainability, promising advances in the bank's green initiatives ...
Ex-Wells Fargo banker accused of ‘fencing’ LEGOs stolen from Charlotte-area Walmarts
A former Wells Fargo banker is accused of “fencing” hundreds of thousands of dollars of “highly lucrative” LEGO products stolen from Charlotte-area Walmart and Target stores, federal investigators say ...
Wells Fargo upgrades TransDigm on capital deployment opportunity
Wells Fargo upgraded TransDigm (TDG) to Overweight from Equal Weight with a price target of $1,500, up from $1,375. The firm sees a ...
Wells Fargo & Company Begins Coverage on CoStar Group (NASDAQ:CSGP)
Wells Fargo & Company assumed coverage on shares of CoStar Group (NASDAQ:CSGP – Free Report) in a report issued on Wednesday ...
‘You just can't make this stuff up’: An Illinois man had to drive 11 hours to access the $25K he set aside for his son in college because of a Wells Fargo check error ...
Monroe was attempting to move funds from a Wells Fargo checking account he set up for his son in college to a new financial ...