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Wells Fargo agreed to a $1 billion settlement over auto- and mortgage-lending practices, and its growth has been capped by the Federal Reserve.
Business

Investors win $240 million from Wells Fargo brass including CEO, Elaine Chao

James Langford -
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Sen. Elizabeth Warren, D-Mass., speaks during an organizing event at Manchester Community College in Manchester, N.H., Saturday, Jan.12, 2019.
Business

‘Wells Fargo doesn’t belong at colleges,’ Elizabeth Warren tells CEO

James Langford -
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The Federal Reserve has restricted Wells Fargo's growth until the bank improves corporate oversight and risk management.
Business

Wells Fargo settles state claims on fake accounts for $575 million

James Langford -
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Secretary of Treasury Steven Mnuchin arrives at the US.. Capitol prior to the service for former President George H. W. Bush in Washington, Monday, Dec. 3 2018.
Business

Treasury’s Steven Mnuchin consults bank CEOs in effort to soothe frantic markets

Allison Elyse Gualtieri, James Langford -
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Sen. Elizabeth Warren. AP Photo
Business

Fed sidesteps Elizabeth Warren’s pressure to replace Wells Fargo CEO

James Langford -
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Senators want the agency to look into whether bank violated overtime regulations with sales goals. (AP Photo/Patrick Sison)
Business

Fed restraints ‘not having much impact’ on Wells Fargo’s business: CEO

James Langford -
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Wells Fargo's business model is still intact, and the bank is making progress resolving the string of scandals that tarnished its reputation with customers, CEO Tim Sloan told investors on Thursday, May 10, 2018.
Business

Wells Fargo investors shrug off foreclosure errors, growing congressional scrutiny

James Langford -
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President Donald Trump speaks during a campaign rally at Bojangles' Coliseum, Friday, Oct. 26, 2018, in Charlotte, N.C.
News

Trump shrugs off responsibility for market turbulence

Colin Wilhelm -
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Senators want the agency to look into whether bank violated overtime regulations with sales goals. (AP Photo/Patrick Sison)
Business

Wells Fargo shells out another $65 million over fake-account claims

James Langford -
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Sen. Elizabeth Warren speaks at the 2018 Massachusetts Democratic Party Convention in Worcester, Mass.
Business

Don’t count on Elizabeth Warren forcing out Wells Fargo CEO

James Langford -
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