Wells Fargo

Pot is legal in Canada, and that poses dilemma for U.S. banks

11/20/17

A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.

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Why Wells fired consumer finance chief; SIFI ranks fall

11/20/17

Franklin Codel reportedly made “disparaging remarks” about regulators; Zions may seek to have “too big to fail” label removed.

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Wells Fargo fires head of consumer lending

11/17/17

The San Francisco company said Friday that it has terminated Franklin Codel, effective immediately, over an interaction he had with a former employee regarding that employee's termination.

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Cordray resigns; OCC becoming banks' best friend?

11/16/17

CFPB director’s departure gives President Trump the chance to revamp the agency; the bank regulator is reverting to its industry-friendly ways.

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FDIC chief warns on looser regs; Wells cuts fee

11/15/17

Departing chairman Martin Gruenberg says the financial system is still vulnerable to unforeseen shocks; bank offers ways for customers to avoid overdraft fees.

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Wells Fargo softens overdraft policies as part of image overhaul

11/14/17

Under changes announced Tuesday, the San Francisco company will provide a one-day grace period on overdraft fees to its direct deposit customers. It also eliminated overdraft fees on all transactions of under $5.

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B of A, JPMorgan, Wells, Amex launch vendor management firm

11/14/17

TruSight will assess, validate and monitor vendors on behalf of the consortium, which is expected to expand.

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Fidelity's man trouble; Capital One's Pixar-inspired bot

11/10/17

The sexual harassment tsunami continues, with stories from Fidelity and France. The woman behind Capital One's new chatbot drew on her experience creating animated characters for Pixar. And Wells Fargo whistle-blowers speak out.

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Acorns locks up retirement savings capability with Vault deal

11/08/17

Adding retirement accounts broadens the app's offerings to millennial clients.

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Cyber threat, not credit, is what keeps today’s bank CEO up at night

11/07/17

The heads of some of the largest U.S. banks are calling for a new security-focused mindset among executives, better forms of ID and collective action in the aftermath of the Equifax breach.

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