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For years, Wells Fargo overcharged almost 11,000 investment advisory accounts about $27 million in fees, federal regulators alleged on Friday. Skip to content NOWCAST KOAT Action 7 News at 10pm ...
Wells Fargo currently pays as little as 0.02% in sweep accounts, according to its website, which notes that advisory accounts and nontaxable accounts may receive rates higher than the published rates.
Topline. Wells Fargo agreed to pay $145 million to end a Department of Labor investigation into alleged malpractice with employees’ 401(k) retirement accounts Monday, in the latest major penalty ...
Wells Fargo has agreed to pay a $35 million penalty to settle allegations that it overcharged more than 10,900 investment advisory accounts, the Securities and Exchange Commission said.
Wells Fargo said Friday it will pay $480 million to settle a lawsuit filed by investors related to the bank’s 2016 sales scandal involving the opening of unauthorized accounts. The securities ...
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 millions customers.
After the Wells Fargo banking scandal broke open last fall, the company drew a lot of criticism for where they placed the blame for the millions of fake accounts opened without customers ...
Regulators announced, Sept. 8, 2016, that Wells Fargo is being fined $185 million for illegally opening millions of unauthorized accounts for their customers in order to meet aggressive sales goals.
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago.. Based in San Francisco ...
Wells Fargo will pay $480 million to put to rest claims that the bank misled shareholders about its fake-accounts scandal. Posted 2018-05-04T21:16:14+00:00 - Updated 2018-05-04T20:24:44+00:00 By ...