-
Pilar Guzman Zavala and Bill Feinberg own very different companies, but both have been hit by COVID-19. Dozens of employees between them have been brought…
-
Regulators urge consumers not to drain their bank accounts, after reports of large withdrawals by some customers worried about the coronavirus. The FDIC reminds us the accounts are insured.
-
Pepper isn’t your normal bank concierge. She wears an all white suit made of plastic and has big glowing eyes. She’s four feet tall and has an iPad in her…
-
Wells Fargo announced Thursday that CEO and President Tim Sloan will step down immediately. The company's general counsel Allen Parker was elected to run the company until a new CEO is selected.
-
This week the U.S. froze assets in South Florida worth hundreds of millions of dollars. They belong to people charged with embezzling and laundering…
-
Wells Fargo terminated the official campaign account of Florida Agricultural Commissioner candidate Nicole “Nikki” Fried after the banking giant…
-
Wells Fargo will pay a civil penalty for allegedly selling residential mortgage loans that included misstated income information, the Justice Department said.
-
What started in part by a text in response to racial tension and police shootings of black men has turned into millions of dollars directed at economic…
-
The bank chief stepped down after facing withering criticism about employees meeting sales quotas by opening accounts for customers who never requested them.
-
Wells Fargo staff secretly opened millions of unauthorized accounts to meet lofty sales targets. A class-action suit has been filed on behalf of employees who obeyed the law and failed to meet quotas.
-
The Consumer Financial Protection Bureau has levied its largest-ever fine on Wells Fargo for "the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts."
-
The federal government should ban overdraft fees for financial accounts established through a partnership between banks and colleges and universities,…