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American multinational financial services company Wells Fargo is fined $250 million for "unsafe or unsound practices" related to its home-lending practices by the United States Office of the Comptroller of the Currency.
2021-09-9

Wells Fargo is set to pay $3 billion over their 2016 scandal of creating fake accounts in customers' names.
2020-02-21

Wells Fargo, the fourth-largest bank in the United States, misses its third quarter profit estimates due to interest rate declines and the shrinkage of its mortgage lending business.
2019-10-15

Wells Fargo bank is fined US$1 billion by the United States government for mishandling of mortgages and automobile loans. Wells Fargo is also ordered to reimburse customers who were overcharged.
2018-04-20

Wells Fargo reports finding an additional 1.4 million potentially fake bank and credit card accounts, bringing the total problematic accounts to approximately 3.5 million.
2017-08-31

The scandal over improper practices of unauthorized accounts at Wells Fargo extends to thousands of small-business owners.
2016-10-4

International banking company Wells Fargo agrees to pay $190 million, including $100 million to the U.S. Consumer Financial Protection Bureau (largest ever for the agency), to settle a case involving deceptive sales that pushed customers into fee-generating accounts they never requested. The bank fired 5,300 employees over "inappropriate sales conduct." The firings took place over a five-year period.
2016-09-8

Wells Fargo of the United States becomes the world's largest bank by market capitalisation, replacing the Industrial and Commercial Bank of China amid an economic slowdown in China. [http:--www.france24.com-en-20130724-wells-fargo-deposes-chinas-icbc-worlds-biggest-bank (AFP via France 24)]date=July 2019
2013-07-24

A watchdog group releases a report that details write-downs of $19 billion on more than 168,000 properties by five United States banks. Under terms of a federal and state settlement of foreclosure-processing violations reached one year ago in March, Bank of America lost the most and had $13.5 billion in homeowner debts written off. The other banks are Citigroup Inc, JPMorgan Chase & Co, Wells Fargo & Co, and Ally Financial Inc. [http:--www.foxbusiness.com-news-2013-02-21-us-banks-write-down-1-billion-under-settlement-?intcmp=obnetwork (FoxBusiness)]date=July 2019
2013-02-21

American bank Wells Fargo admits it made mistakes in 55,000 real estate foreclosure cases.
2010-10-27