In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
Jon Weiss, the co-chief executive officer of Wells Fargo (NYSE:WFC) & Co.'s corporate and investment bank will retire after ...
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...
Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and ...
Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly ...
Investment adviser units of Wells Fargo & Co. and Bank of America Corp.’s Merrill shortchanged customers by funneling ...
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives ...
The Securities and Exchange Commission settled charges against units within Bank of America and Wells Fargo that will result in $60 million in total civil penalties. The SEC said the charges were ...
Two Wells Fargo-affiliated investment advisers and Merrill Lynch agreed to pay $60 million, while LPL Financial agreed to pay ...
A venture between Wells Fargo & Co. and Centerbridge Partners dedicated to direct lending has arranged $2.8 billion in deals ...
According to Gov. Gavin Newsom's office, Bank of America, Citi, JPMorgan Chase, U.S. Bank, and Wells Fargo are offering a ...