Wells Fargo

Wells loses key player; credit scores get a boost

08/15/18

Mark D’Arcy was in charge of regulatory reviews and annual stress tests; many see 10-plus point gains following removal of non-loan collections reports.

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Wells Fargo was hit with more scandal. But does anyone care?

08/13/18

The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.

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Wells Fargo is eyeing a piece of the $1.4 trillion student-debt pie

08/13/18

Wells Fargo & Co. is considering whether to jump-start its shrinking student-lending business by catering to borrowers holding U.S. government loans.

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BofA backlash, Facebook’s bad deal and selling a century-old bank: Top stories of the week

08/10/18

The Trump administration's stance on immigration is causing headaches for some banks, how a tiny black-owned bank is turning to fintech to turn itself around; why banks are rejecting Facebook's offer to share data and more from this week's most-read stories.

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Senate Dem demands Wells Fargo explain error that led to 400 foreclosures

08/09/18

Sen. Brian Schatz, D-Hawaii, said it is hard to imagine how Wells Fargo's $8 million remediation plan would correct a mistake that led to 400 wrongful foreclosures.

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Banks won't 'like' this offer from Facebook

08/06/18

Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.

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Wells Fargo set aside $8 million to repay customers affected by loan mod mistakes

08/06/18

Wells Fargo estimates that in 400 instances, borrowers later went through foreclosure who were improperly denied or not offered a mortgage modification.

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Wells Fargo investors stop panicking and learn to live with cap

08/06/18

Six months after the Federal Reserve put Wells Fargo on a strict diet — no more growth until it cleans up its act — shareholders are finding it’s not so bad.

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Wells Fargo faces probe on low-income tax credit purchases

08/03/18

Multiple agencies are looking into its purchase of certain credits tied to low-income housing developments, the bank said in a securities filing Friday.

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'Homeowners screwed again': Comments of the week

08/03/18

Readers react to Wells Fargo's latest penalty, weigh in on the Vatican's criticism of credit default swaps and opine on the long tail of the financial crisis.

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