Tim Sloan

Will GOP shield big banks from Democrats' attacks, or pile on?

01/30/19

The new leadership of the House Financial Services Committee appears intent on subjecting Wall Street to a harsher spotlight, but banks shouldn’t be too sure the new minority has their backs, either.

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Wells Fargo bends to critics in its latest response to scandals

01/30/19

In a lengthy report released Wednesday, the bank pledged to protect whistleblowers, better handle customer complaints and re-examine its lending practices.

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Warren presses Wells Fargo on student fees

01/17/19

A CFPB report revealed that the fees charged to college students by Wells Fargo for financial products are three times higher than average. Sen. Warren wants to know why.

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Can Wells Fargo grow while under Fed's thumb?

01/15/19

Now that Wells must abide by the central bank's asset cap through year-end, it may have to divest more nonessential assets and take other steps to open up room for core loan growth.

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10 to watch in 2019

01/07/19

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.

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Fed won't lift Wells' growth cap until deficiencies are fixed: Powell

12/10/18

The Federal Reserve Board chairman told Sen. Elizabeth Warren in a letter that the central bank is actively reviewing the bank's progress in following a February consent order.

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Wells Fargo's latest troubles suggest tougher stance by OCC

12/06/18

An eight-month-old consent order appears to be forcing the San Francisco bank to grapple more deeply than it did previously with the many failures that led to its account-opening scandal.

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Wells Fargo layoffs begin with 1,000 mortgage, tech jobs

11/15/18

Wells Fargo will lay off 1,000 workers primarily from its mortgage unit in the first major round of a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.

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Warren calls for Sloan's head; bank groups pan Volcker 2.0

10/19/18

The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.

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Senate's Warren escalates her campaign against Wells Fargo's CEO

10/18/18

Sen. Elizabeth Warren is opening a new front in a campaign against a familiar foe — demanding that the Federal Reserve keep its restrictions on Wells Fargo until Chief Executive Officer Tim Sloan is removed.

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