wells fargo

Report: Wells Fargo Sues JPMorgan Chase Over Commercial Real Estate Loan
Report: Wells Fargo Sues JPMorgan Chase Over Commercial Real Estate Loan
March 10, 2025  |  Banking

Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the...

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Capital One and Wells Fargo Rated ‘Outstanding’ in CRA Compliance
Capital One and Wells Fargo Rated ‘Outstanding’ in CRA Compliance
March 03, 2025  |  Banking

Capital One and Wells Fargo are among 10 financial institutions rated “outstanding” in the Office of the Comptroller of the Currency’s (OCC) latest list of...

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CFPB Terminates 2022 Consent Order Against Wells Fargo
CFPB Terminates 2022 Consent Order Against Wells Fargo
January 28, 2025  |  Bank Regulation

Wells Fargo has announced the termination of its 2022 consent order with the Consumer Financial Protection Bureau (CFPB) related to automobile lending, consumer deposit accounts...

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Wells Fargo and Derivative Path Partner on FX Payment Services
Wells Fargo and Derivative Path Partner on FX Payment Services
January 27, 2025  |  Partnerships

Derivative Path and Wells Fargo have partnered to help regional and community banks provide foreign exchange (FX) payment services. The solution enabled by this collaboration...

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Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
Wells Fargo and Merrill Lynch Settle SEC Charges Involving Cash Sweeps
January 17, 2025  |  Bank Regulation

Two Wells Fargo advisory firms and Merrill Lynch have agreed to settle Securities and Exchange Commission (SEC) charges that they violated Advisers Act rules relating to their cash...

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No More Risky Business as Wells Fargo Banks on Compliance
No More Risky Business as Wells Fargo Banks on Compliance
January 15, 2025  |  Earnings

It’s been a banner earnings season for U.S. banks. Wells Fargo’s fourth-quarter 2024 financial results were no different, with the lender posting strong guidance and...

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OCC Announces 3 Enforcement Actions Against Wells Fargo Leaders
OCC Announces 3 Enforcement Actions Against Wells Fargo Leaders
January 14, 2025  |  Regulation

The Office of the Comptroller of the Currency (OCC) has completed the enforcement actions it pursued against 11 former Wells Fargo senior bank executives. Three enforcement actions announced...

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Digital, Deposits and Delinquencies in Focus as Banks Kick Off Earnings Season
Digital, Deposits and Delinquencies in Focus as Banks Kick Off Earnings Season
January 13, 2025  |  Earnings

Every three months, some of the biggest names in banking report earnings, all on the same day, kicking off an avalanche of quarterly reports across all...

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America’s 6 Biggest Banks to Report $31 Billion in Profits
America’s 6 Biggest Banks to Report $31 Billion in Profits
January 13, 2025  |  Banking

America’s biggest banks apparently have Donald Trump to thank for a successful quarter. Banking giants are set to report $31 billion in profits for the...

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