Of course, the melting Fed cut expectations hammered risk appetite and sent the S&P500 more than 1.50% lower on Friday. The index closed a touch above its 100-DMA. The Nasdaq 100 gap opened below its ...

The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...

The executives have been fined a total of $18.5 million for their alleged roles relating to sales misconduct in the mid-2010s ...

The yield differential between the firms' bank deposit sweep programs and other alternatives was nearly 4% higher, according to SEC claims.

The units charged by the SEC consented to the entry of orders without admitting or denying the SEC's findings. Wells Fargo Clearing Services agreed to pay a civil penalty of $28 million, Wells Fargo ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...

Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were ...

Investment banking fees up 59% in fourth quarter Bank expects interest income to increase in 2025 Shares up 6% in mid-day trading Jan 15 (Reuters) - Wells Fargo's (WFC.N), opens new tab profit ...

The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among other penalties handed down Tuesday.

Wells Fargo is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need to know ...