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The bank’s financial report revealed that Wells Fargo’s total allowance for credit losses (ACL) increased modestly by $16 million, yet the allowance coverage ratio for total loans declined slightly by ...
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected ...
The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader pattern.
Cerity Partners LLC raised its stake in Wells Fargo by 4% in Q1, adding over 34,000 shares to its portfolio. The firm’s holdings are now valued at about $63.5 million, showcasing steady institutional ...
In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with commercial bankers ...
In letters to Zelle’s bank owners, Sen. Elizabeth Warren and two other Democrats asked what the financial institutions are doing to protect customers using the digital payments service.
Zelle and the banks that own the popular payments platform are facing new scrutiny over scams on the trillion-dollar network.
Lawmakers are asking JPMorgan, Wells Fargo, Bank of America, and other financial institutions about how many Zelle scams ...
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...
President Donald Trump’s rapid pullback of the Consumer Financial Protection Bureau has cost Americans at least $18 billion in higher fees and lost compensation for consumers allegedly cheated by ...
In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 million customers.
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