Since taking the legal reins of the banking giant in 2020, Ellen Patterson has created a strong risk culture built on ...

The Federal Reserve action comes 9 months after lifting the harshest punishment, the $2 trillion asset cap that kept the bank from growing.

Wells Fargo has agreed to pay $85 million to settle a lawsuit alleging it engaged in “sham” diversity hiring practices, according to court documents filed Oct. 15. According to the 2022 lawsuit, SEB ...

NEW YORK (AP) — Smoke at one of Wells Fargo's data centers left some of the bank's customers without access to online or mobile banking as well as accessing cash from ATMs on Thursday. Wells Fargo ...

Wells Fargo Clearing Services has consented to sanctions including a $1.25 million fine to settle Financial Industry Regulatory Authority allegations of various rule violations involving municipal ...

WASHINGTON, March 5 (Reuters) - The ⁠U.S. ⁠Federal Reserve announced on ⁠Thursday it had terminated the enforcement action it imposed on Wells Fargo following the bank's widespread fake accounts ...

NEW YORK (Reuters) -Credit among consumers and businesses remains strong, despite recent concerns about loan losses that have weighed on bank stocks, Wells Fargo CEO Charlie Scharf said on Tuesday.

For seven years, Wells Fargo fought with one arm tied behind its back. But on June 3 2025, the US Federal Reserve finally delivered the news the bank had been waiting for: the US$1.95trn asset cap was ...