Wells' $1B penalty: Regulators make good on Trump tweet

04/20/18

Months after President Trump vowed that Wells Fargo would pay a severe penalty, the CFPB and OCC hit the bank with a $1 billion fine to settle claims it overcharged customers for auto insurance and home loans.

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Former SunTrust employee said to have stolen customer data

04/20/18

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

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Wells’ $1B penalty; Barclays CEO fined

04/20/18

The bank’s latest punishment would settle charges by the CFPB and the OCC; Staley did not act without integrity in trying to unmask a whistleblower.

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Wells Fargo’s penance: What’s been done, what’s to come

04/19/18

The latest fine from regulators is expected to be leveled against the bank as early as Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way.

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'Republicans are feckless': Comments of the week

04/19/18

Readers react to the Senate overriding the Consumer Financial Protection Bureau's auto lending guidance, weigh in on House efforts to reform the Dodd-Frank Act and debate technology being used to replace new branches.

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A breach from within: Why JPMorgan fired lead security staffer

04/19/18

The firing happened in 2013 after the staffer gained access to emails from top executives and shared them outside the company, according to a news report.

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N.Y. bank regulator warns of reputational risk from working with NRA

04/19/18

The New York Department of Financial Services is encouraging banks to review ties with the firearms industry.

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Wells' $1B reckoning may come as early as Friday

04/19/18

The CFPB and OCC are expected to assess a $1 billion fine against Wells Fargo for allegedly overcharging customers for auto insurance and home loans.

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Signature's taxi-loan woes in the rearview mirror, CEO insists

04/19/18

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

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Can a bank spend freely on tech while controlling costs?

04/19/18

Investing in technology has been an important focus for banks. But big questions remain about these investments, including how best to pay for them.

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