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2012-07-12
8abbd732d884fe5fbb6b5c358d4f8439219614d3
7
Wells Fargo
1
/wiki/wells%20fargo
subprime mortgage
13
/wiki/subprime%20mortgage
Wells Fargo
subprime mortgage
Wells Fargo
2021-09-9
f008453a3075fffc81778764092dee06c56b89f3
9
Wells Fargo
1
/feed/2021/09/9/american-multinational-financial-services-company-wells-fargo-is-fined-250-million-for-unsafe-or-unsound-practices-re
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.
2019-10-15
e13a6f632e66b7a45370fbeeace4722755c19e5c
4
Wells Fargo
1
/feed/2019/10/15/wells-fargo-the-fourth-largest-bank-in-the-united-states-misses-its-third-quarter-profit-estimates-due-to-interest-rat
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.
2018-04-20
cf0435f28b114c090d028276a0d26e6095142afa
12
Wells Fargo
1
/feed/2018/04/20/wells-fargo-bank-is-fined-us-1-billion-by-the-united-states-government-for-mishandling-of-mortgages-and-automobile-loans
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.
2017-08-31
fdd5621142939f620ab4eb145f0ef5dc2c6f980e
1
Wells Fargo
1
/feed/2017/08/31/wells-fargo-reports-finding-an-additional-14-million-potentially-fake-bank-and-credit-card-accounts-bringing-the-total
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.
2016-10-12
e439c84357d071877d8fcd92bcd552eaf8b779c1
6
Wells Fargo
1
/feed/2016/10/12/john-stumpf-resigns-as-ceo-and-chairman-of-wells-fargo-amid-a-scandal-over-its-sales-practices
John Stumpf resigns as CEO and chairman of Wells Fargo amid a scandal over its sales practices.
2016-09-8
088d73e792bb1c6a4b22d5c09234054fa72bebb4
4
Wells Fargo
1
/feed/2016/09/8/international-banking-company-wells-fargo-agrees-to-pay-190-million-including-100-million-to-the-us-consumer-financ
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.
2013-07-24
c4af8e33f6ec659775f3be9abb1d8c349ea6017a
4
Wells Fargo
1
/feed/2013/07/24/wells-fargo-of-the-united-states-becomes-the-world-s-largest-bank-by-market-capitalisation-replacing-the-industrial-and
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
2013-01-7
df6b4f83c2e29239a5c5cb498735dd896a4da894
1
Wells Fargo
1
/feed/2013/01/7/for-85-billion-ten-banks-settle-to-stop-mortgage-foreclosure-process-audits-the-united-states-government-regulators
For $8.5 billion, ten banks settle to stop mortgage foreclosure process audits. The United States government regulators had been engaged in a loan-by-loan review of home loan practices during the Great Recession. Bank of America, Citigroup Inc, JPMorgan Chase & Co, Wells Fargo & Co, MetLife Bank, Aurora Bank FSB, PNC Financial Services Group Inc, Sovereign Bank NA, SunTrust Banks Inc, and U.S. Bancorp settle with regulators to pay out cash up to $125,000 to homeowners whose homes were being foreclosed when the paperwork problems emerged. Further, Bank of America agrees to pay $11.6 billion to government mortgage finance company Fannie Mae.
2012-06-22
f0950747534196ab509b0720ffcc072e7dbfd1f3
11
Wells Fargo
1
/feed/2012/06/22/wells-fargo-plans-to-move-jobs-to-india-and-the-philippines
Wells Fargo plans to move jobs to India and the Philippines.
2010-10-27
6f3aca31a1ef5b76274b84ac5eee98237992070c
10
Wells Fargo
1
/feed/2010/10/27/american-bank-wells-fargo-admits-it-made-mistakes-in-55000-real-estate-foreclosure-cases
American bank Wells Fargo admits it made mistakes in 55,000 real estate foreclosure cases.
/feed/2012/07/12/wells-fargo-decides-to-pay-a-175-million-settlement-in-a-subprime-mortgage-compensation-case
Chicago Tribune
12
176b39908bf596a8a20a3441e1db62b3643d8e87
7
https://web.archive.org/web/20120730061145/http://www.chicagotribune.com/business/breaking/chi-wells-fargo-to-pay-175m-in-subprime-mortgage-settlement-20120712,0,964689.story
2012
Wells Fargo decides to pay a $175 million settlement in a subprime mortgage compensation case.