Tim Sloan

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


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.


Wells Fargo bends to critics in its latest response to scandals


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


Warren presses Wells Fargo on student fees


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.


Can Wells Fargo grow while under Fed's thumb?


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.


10 to watch in 2019


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.


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


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.


Wells Fargo's latest troubles suggest tougher stance by OCC


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.


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


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.


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


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.


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


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.