From Law360:
Law360 (October 7, 2020, 5:22 PM EDT) -- U.S. banking regulators on Wednesday announced enforcement actions against Citigroup Inc. and its national bank subsidiary Citibank over "longstanding" risk management, data governance and internal...
From USA TODAY:
Wells Fargo, which pledged to double its ranks of Black managers and executives over the next five years, has received an inquiry from the Labor Department questioning whether its diversity initiative violates...
From San Francisco Business Times:
Wells Fargo said Friday it has started layoffs as the bank seeks to cut costs by almost 20%. It’s the start of what could be the biggest transformation of the...
From Law360:
Law360 (October 2, 2020, 11:28 PM EDT) -- A Florida company has accused Wells Fargo of wrongly freezing a €1 million wire transfer from a client it says the bank has incorrectly held...
From Law360:
Law360 (October 2, 2020, 11:28 PM EDT) -- A Florida company has accused Wells Fargo of wrongly freezing a €1 million wire transfer from a client it says the bank has incorrectly held...
From San Francisco Business Times:
Wells Fargo & Co. (NYSE: WFC) is permanently closing its museums in Charlotte, Minneapolis and other cities, so its museum at the bank's San Francisco headquarters will be the only...
From San Francisco Business Times:
Tapped a year ago to turn around the scandal-plagued bank, Wells Fargo CEO Charlie Scharf — who was hired Sept. 27, 2019 and took the reins on Oct. 21. —...
From Fox Business:
JPMorgan Chase will launch its new Freedom Flex card on Sept. 15, its first Mastercard-branded card in five years with new reward offers for its Freedom Unlimited Card.
The no-fee credit cards will...