wells fargo

Wells Fargo Reported 5 Percent Decline In Branch Interactions In November
Wells Fargo Reported 5 Percent Decline In Branch Interactions In November
December 19, 2016  |  Banking

Embattled Wells Fargo announced Friday (Dec. 16) retail banking customer activity data for November showed total branch interactions were down 5 percent when compared to...

READ MORE >
Lawmakers Request Information From Prudential On Latest Wells Fargo Scandal
Lawmakers Request Information From Prudential On Latest Wells Fargo Scandal
December 14, 2016  |  Banking

Rep. Elijah E. Cummings (D-MD), Ranking Member of the House Committee on Oversight and Government Reform, and Sen. Elizabeth Warren (D-MA) sent a letter to...

READ MORE >
California Looks Into Allegations Wells Fargo Signed Up Customers For Life Insurance
California Looks Into Allegations Wells Fargo Signed Up Customers For Life Insurance
December 13, 2016  |  Banking

And the hits keep on coming for Wells Fargo. California has joined in the lawsuit bandwagon, ordering an investigation into claims retail bankers at Wells...

READ MORE >
Wells Fargo Lawsuit Targets Higher-Ups In Bank
Wells Fargo Lawsuit Targets Higher-Ups In Bank
December 12, 2016  |  Banking

The lawsuits against Wells Fargo due to the fake account scandal have widened to include more higher-ups in the bank. According to a report by Bloomberg,...

READ MORE >
More Accusations Against Wells Fargo
More Accusations Against Wells Fargo
December 12, 2016  |  Banking

This year hasn’t been the best for banking and financial services company Wells Fargo. Earlier this year, news broke that federal prosecutors were investigating the...

READ MORE >
Wells CEO Defends Sales Practices
Wells CEO Defends Sales Practices
December 07, 2016  |  Banking

Wells Fargo still expects to spend millions of dollars due to various investigations and regulatory inquiries about the company’s fake account scandal. Speaking during Goldman Sachs’...

READ MORE >
Mastercard, Wells Fargo Launch Mastercard Send
Mastercard, Wells Fargo Launch Mastercard Send
December 06, 2016  |  Partnerships / Acquisitions

From insurance claims to e-marketplace payouts, from shared economy payments to social benefits and even tax refunds, a new Mastercard and Wells Fargo partnership is...

READ MORE >
New Bill Would Throw Out Wells Fargo Arbitration Clause
New Bill Would Throw Out Wells Fargo Arbitration Clause
December 05, 2016  |  Banking

Wells Fargo customers got support from two Democrat lawmakers, who want consumers to be able to sue the bank in court over the fake account...

READ MORE >
PYMNTS Daily Data Dive: Banks Should Trim Down
PYMNTS Daily Data Dive: Banks Should Trim Down
December 02, 2016  |  Daily Data Dive

There may be too many banking branches in the U.S., say analysts. For every 100,000 U.S. adults, there are about 32 banking branches. Bringing the...

READ MORE >