By Joe Mont2017-08-31T12:30:00
A review commissioned by Wells Fargo has increased the number of falsified accounts at the bank from 2.1 million to nearly 3.5 million. Last year, the CFPB fined the bank for the “widespread illegal practice of secretly opening unauthorized deposit and credit card accounts.”
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2019-11-15T17:03:00Z By Jaclyn Jaeger
Wells Fargo announced General Counsel Allen Parker will leave the company, effective March 31, 2020, “to pursue other business opportunities.”
2017-09-06T10:00:00Z By Joe Mont
A Federal Reserve proposal seeks to streamline the expectations placed upon bank directors. Will it help ease their burden, or create a confusing new regime?
2026-01-13T20:05:00Z By Oscar Gonzalez
Two months after the U.S. Consumer Financial Protection Bureau proposed a rule change to narrow anti-discrimination requirements for lenders, it has reversed previous guidance on noncitizen customers looking to borrow.
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