Wells Fargo

CFPB investigating Bank of America over phony accounts

09/17/19

During a probe that grew out of the Wells Fargo scandal, the Charlotte-based bank has acknowledged instances of "potentially unauthorized" accounts, but said that the number of examples was "vanishingly small."

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Why Wells Fargo is jumping on the digital currency bandwagon

09/17/19

It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients.

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Wells Fargo’s Digital Cash plants seeds for bigger blockchain opportunities

09/17/19

Giants like Facebook, JPMorgan Chase and Walmart are all pushing blockchain for myriad use cases, and now Wells Fargo has joined the fray with its own spin on the distributed ledger technology.

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Wells Fargo, USAA and Old Dominion: Bankers on the Move

09/16/19

Women executives headlined a number of key moves in the banking industry as summer wound down.

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Deutsche joins JPM-led payments network; fired Wells employees’ woes

09/16/19

The move adds heft to the blockchain-based Interbank Information Network; many of those terminated in the phony accounts scandal say they’ve been blacklisted.

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PNC on M&A, API call uptick, next in GSE reform: Top stories of the week

09/13/19

The Pittsburgh company is not interested in bank acquisitions, CEO Demchak says; why Citi, Wells, JPMorgan are seeing a spike in API calls; FHFA's Mark Calabria details next steps on GSE reform; and more from this week's most-read stories.

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What student lenders think about Warren, Sanders reform plans

09/12/19

The CEOs of Sallie Mae and Discover Financial Services were largely dismissive this week of the threat posed by the two Democratic presidential candidates, though their optimism seemed to be rooted in an assumption that the more sweeping proposals will never become law.

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Libor is ending. We aren't ready

09/11/19

The most widely-referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality.

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Why Citi, Wells, JPMorgan are seeing a spike in API calls

09/10/19

Hint: For their e-commerce clients, it's all about faster payments.

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Wells Fargo again lowers a key earnings target

09/09/19

For the third time in five months, the San Francisco bank made a downward revision Monday to its guidance on net interest income. An executive cited the impact of lower interest rates.

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