Wells Fargo

Checking in on Wells Fargo's digital bank pilot Greenhouse

05/28/19

Wells began rolling out its online-bank brand in November. Peggy Mangot, senior vice president and head of Greenhouse development, shares what she’s learned so far.

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BB&T-SunTrust priorities, OCC's shock tactic, CECL remorse: Top stories of the week

05/24/19

Jury's out on whether BB&T-SunTrust will serve the community or Wall Street; 'we were willing to shock historical norms,' says Otting on OCC's makeover; is it too late for Congress to stop CECL?; and more from this week's most-read stories.

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Another Fed contrarian considered for board; Deutsche’s AML glitch

05/22/19

Trump may nominate Judy Shelton, who prefers “market-determined rates”; a software glitch may have prevented flagging of suspicious transactions for a decade.

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Will BB&T-SunTrust serve the community or Wall Street?

05/21/19

BB&T’s chief executive has not prioritized meeting with local leaders and consumer advocates to discuss its merger plans, missing a valuable opportunity to create a new kind of large bank.

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Pastor sues Wells Fargo, says negligence led to forgery charge

05/20/19

A Wells Fargo customer was interrogated, fingerprinted and mistakenly arrested for check forgery after a series of mistakes on the bank's part. He was cleared, and Wells says it made an error, but they are now fighting in civil court.

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Wells Fargo moves closer to recouping some losses tied to scandal

05/16/19

A federal judge has given preliminary approval to the proposed settlement of a lawsuit under which insurance companies have agreed to pay $240 million for losses the San Francisco bank incurred from the widespread opening of fake accounts.

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OpenFin raises $17M in funding backed by Wells Fargo, JPMorgan

05/16/19

The company offers an operating system for financial applications akin to Apple's iOS, and more than a thousand applications run on it.

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OCC monitoring Wells CEO search; CFPB enforcement chief to leave

05/16/19

Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.

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Wells' appeasement, U.S. Bank whistleblower suit, BBVA’s U.S. chief: Top stories of the week

05/10/19

Wells Fargo creates unit to satisfy regulatory demands; U.S. Bank employee fired after blowing whistle on sales scheme, lawsuit says; what BBVA's new U.S. CEO has on tap; and more from this week’s most-read stories.

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Another advisor turns on Deutsche; Financial tools for sandwich generation

05/09/19

ECGS urges investors to oust the chairman and three executives; financial companies using AI to help adults manage their elderly parents’ finances.

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