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News Topic - Wells Fargo

RSS feedDisplaying articles 31 - 40 of most recent articles

Wells Fargo says all its ATMs soon will take smartphone codes, not just cards Wells Fargo plans to upgrade all 13,000 of its ATMs next week to enable customers to access their funds using their cellphones instead of traditional bank cards. The announcement was made by Wells Fargo & Co. Chief Executive Tim Sloan on Tuesday at an emp
Los Angeles Times | Mar 21, 2017 8:00 PM [GMT] | comment? | recommend
Why Wells Fargo's CEO says it will take months to fix fake accounts Wells Fargo CEO Tim Sloan says it will take months to unravel much of the damage done to customers who were affected by the San Francisco bank's fake accounts scandal earlier this year. Wells Fargo & Co. (NYSE:WFC), which is the third largest bank in Birm | Mar 21, 2017 7:05 PM [GMT] | comment? | recommend article from Birmingham, Alabama
5 council members urge D.C. to drop Wells Fargo The District should consider ending its banking relationship Wells Fargo & Co. because of a string of recent controversies, according to a resolution introduced by five D.C. council members Tuesday. The sense of the council resolution, introduced by Counc | Mar 21, 2017 7:02 PM [GMT] | comment? | recommend article from Washington, District of Columbia
What's wrong with bank culture? A top Fed official points to Wells Fargo scandal A top Federal Reserve official on Tuesday cited the Wells Fargo & Co., fake accounts scandal as an example of how pay incentives can go wrong and urged banks to align them with proper behavior to improve the industrys culture. There was a serious mismatch
Los Angeles Times | Mar 21, 2017 7:00 PM [GMT] | comment? | recommend
The Fed: Wells Fargo chided by Feds Dudley over fake accounts scandal Wells Fargo is publicly criticized by a top Federal Reserve official over the scandal that came from the banks opening of millions of unauthorized accounts. | Mar 21, 2017 6:55 PM [GMT] | comment? | recommend
Wells Fargo customers opened 43% fewer accounts in February compared to same time last year Retail bank customers opened 43% fewer checking accounts with Wells Fargo & Co. (NYSE: WFC) in February compared with the same time period in 2016. New account openings are down 3% from January, according to the bank's most recent retail banking report. T
Triangle Business Journal | Mar 21, 2017 3:09 PM [GMT] | comment? | recommend article from Raleigh, North Carolina
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Top Fed official likens Wells Fargo fraud to mortgage crisis The notorious sales goals at the heart of the Wells Fargo scandal bear similarities with the flawed compensation systems that fueled the mortgage crisis, a top Federal Reserve official said. | Mar 21, 2017 2:50 PM [GMT] | comment? | recommend
Wells Fargo's checking accounts, new credit card applications plunge San Francisco-based bank Wells Fargo continues to grapple with fallout from a bogus accounts scandal, saying this week that its new credit card applications dived 55 percent from a year earlier and its checking account openings plummeted 43 percent year-o
Sacramento Business Journal | Mar 21, 2017 2:13 PM [GMT] | comment? | recommend article from Sacramento, California
Customers open fewer Wells Fargo accounts after scandal The bank is trying to contain damage from a scandal that involved opening bogus accounts.
USA Today | Mar 21, 2017 1:55 PM [GMT] | comment? | recommend
Wells Fargo still feeling impact of sales practices scandal NEW YORK Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its tollBut there is a sil
San Mateo Daily Journal | Mar 21, 2017 1:53 PM [GMT] | comment? | recommend article from San Mateo, California