Wells Fargo
Wells Fargo inks data sharing pact with Plaid
Wells Fargo has struck an agreement with Plaid, enabling its clients to exchange their financial data with the fintech apps…
Wells Fargo focuses on regulatory priorities with new office
US-based banking group Wells Fargo has established a new office to focus on regulatory issues. The new Strategic Execution and…
New York slaps $65m fine on Wells Fargo over cross-selling scandal
The US state of New York has imposed a penalty of $65m on Wells Fargo & Company for its cross-selling…
Wells Fargo to slash up to 26,500 jobs
Wells Fargo has announced plans to trim its headcount by around 5-10% in the next three years as part of…
Wells Fargo to lay off 638 jobs in mortgage division
US bank Wells Fargo has announced around 638 job cuts in its mortgage division in the wake of declining home…
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Wells Fargo to sell 52 retail branches to Flagstar Bancorp
Wells Fargo has agreed to sell 52 retail bank branches in three Midwestern states to Flagstar Bank as part of…
Wells Fargo fined $1bn over unsound mortgage and auto lending practices
Wells Fargo has agreed to pay a fine of $1bn to US regulators to settle allegations of unsound practices in mortgage…
Wells Fargo registers 5% rise in Q1 net income
Wells Fargo has posted a net income of $5.94bn for the first quarter of 2018, an increase of 5% from…
Asure Software to buy Wells Fargo’s payroll assets
Asure Software, a Texas-based firm offering human capital management (HCM) and workplace management solutions, has agreed to take over Wells…
Popular to acquire Wells Fargo’s Puerto Rican assets for $1.7bn
Popular’s banking subsidiary Banco Popular de Puerto Rico (Banco Popular) has agreed to acquire certain assets and liabilities of Wells…