Wells Fargo's latest regulatory setback could delay the timeline for lifting the asset cap imposed by the U.S. Federal ...
Wells Fargo shares slid on Thursday after a U.S. banking regulator found its safeguards against money laundering and other ...
Sept 13 (Reuters) - Wells Fargo's (WFC.N), opens new tab latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ongoing major regulatory ...
A top U.S. banking regulator has found "deficiencies" in Wells Fargo's anti-money laundering (AML) controls and financial ...
(Reuters) -Wells Fargo shares slid on Thursday after a ... which has been under intense scrutiny since a 2016 fake accounts scandal, saw its stock close down 4%, paring a 6.5% loss after the ...
Wells Fargo's stock has surged around 40% from the ... trillion cap imposed in 2018 in response to the 2016 fake accounts scandal. For those reasons, I consider the stock to be a hold.
Wells Fargo Bank is no stranger to discreditable behavior, and the latest scandal is out of an office in Arizona where an employee was reportedly dead at her desk for four days unnoticed.
The latest regulatory action did not come with a monetary fine, but it underscored that Wells Fargo has a lot more work to do ...