Tim Sloan

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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Wells Fargo faces mounting pressure to cut costs as revenue stagnates

10/12/18

Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns.

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Wells Fargo down 1,000 advisers over two years

10/12/18

A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition.

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Wells Fargo is planning its first post-crisis mortgage bond

10/05/18

Wells Fargo is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, according to people familiar with the matter.

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SunTrust glitch, Amazon and Google mortgages, Tim Sloan job security: Top stories of the week

09/21/18

"Normal system upgrade" knocks out SunTrust's online- and mobile-banking ops; "just a matter of time" before Amazon, Google enter mortgages; Wells Fargo looking for Tim Sloan's replacement?; and more from this week's most-read stories.

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Wells Fargo CEO says he's prepared to stay until he's 65

09/21/18

The comments by Tim Sloan, 58, came after reports that the Wells board may be looking to replace him.

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