Wells Fargo

Wells Fargo to remove layer of management, cutting 70 positions

06/09/17

The San Francisco company is combining its regional and area president positions into a single role called region bank president.

[more]

2017 Digital Bankers of the Year

06/08/17

The following is a recap of the 2017 slate of honorees picked by the tech journalists at American Banker, led by Digital Banker of the Year Michelle Moore of Bank of America and including four finalists.

[more]

House to vote on Choice Act; Amazon expands lending program

06/08/17

Bill would replace much of Dodd-Frank but is unlikely to become law; online retailer is expected to expand Amazon Lending program to small businesses in the U.S., U.K. and Japan.

[more]

Staking out banks' place in the open financial web

06/07/17

By making it easier and safer to share data with third parties, Wells Fargo's Brett Pitts says he is strengthening the bank's relationships with customers.

[more]

Banks cede market share in auto lending: Report

06/07/17

Large banks have scaled back lending as competition has intensified and credit unions and financing arms of car manufacturers are picking up the slack.

[more]

Banco Santander to the rescue; Cordray in contempt?

06/07/17

Spain's largest bank to pay a little over a dollar to save troubled domestic rival Banco Popular; House finance committee says CFPB director dragged his feet on Wells phony accounts scandal.

[more]

Otting to be named comptroller; Wells disrespected

06/06/17

President to name former One West lieutenant to Treasury Secretary Steven Mnuchin to head OCC; Wells plunges to number 100 from seventh in Barron's rankings of most respected public companies.

[more]

Big banks mine retail units for growth as business lending lags

06/01/17

Executives at Wells Fargo, SunTrust and PNC insist that credit cards, mortgages and other consumer lines can help pick up the slack as commercial borrowers remain cautious.

[more]

Add wealth management to list of Wells Fargo managerial shake-ups

06/01/17

Wells Fargo's David Carroll, who had pay clawed back after the bank's fake-accounts scandal, will retire and be succeeded by Jonathan Weiss as wealth and investment management chief.

[more]

Trump rally in bank stocks fades; NYC bans Wells Fargo

06/01/17

Stocks in big banks have fallen by double-digit percentages since early March amid "fading hopes" of stimulus; Wells won't be able to manage municipal bond deals in New York for at least a year.

[more]