U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset cap imposed on
Analysts say the termination of a 2022 consent order with the CFPB is a sign that the bank's days under an asset cap may be numbered. But the consumer bureau, still led by Director Rohit Chopra, says Wells is still being scrutinized as a repeat offender.
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Wells Fargo (WFC – Research Report) and keeping the price target at
Wells Fargo’s Q4 results were positive, but regulatory issues linger. Find out why WFC stock is fairly valued despite potential growth from regulatory reform.
Monday’s tech rout gives investors yet another reason to buy bank shares, according to Wells Fargo analyst Mike Mayo.
Derivative Path and Wells Fargo have partnered to improve global payments for community and regional banks, supporting Derivative Path’s broader strategy
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in Wednesday’s trading.
U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Non-Cum. Perp. Pfd. Series K)-0.83% U.S. Bancorp Dep. Pfd. (Rep. 1/1000th Perp. 3.75% Pfd. Series L)-0.72% U.S. Bancorp Dep. Pfd ...
The top U.S. consumer watchdog has terminated a 2022 order punishing Wells Fargo for allegedly mishandling auto loans and mortgages, the bank said on Tuesday, bringing it a step closer to having the $1.
Sentiment surrounding AMD (NASDAQ:AMD) heading into the company's first-quarter earnings results suggest a "below consensus" guide for the second-quarter is already discounted, Wells Fargo said. Shares rose 1.