For Wells Fargo, nearly a decade's worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank's growth had its roots in 2016.

After an investigation by The Los Angeles Times in 2016, Wells Fargo shut down its sales culture and fired much of its leadership and board of directors. The fake accounts scandal cost Wells Fargo ...

Wells Fargo said operating losses surged 77% last quarter because of various problems in its auto lending, wealth management, mortgage and currency businesses. Overall expenses rose by 3%.

To that point, Wells Fargo and its peers, including Citigroup C and Bank of America BAC, may be prime beneficiaries of a ...

Wells Fargo restrictions loosen after years of oversight following scandal Motorists drive past a sign outside a branch of Wells Fargo bank, Wednesday, Sept. 20, 2023, in Deadwood, S.D.

The scandal severely tarnished the reputation of San Francisco-based Wells Fargo, which eight years ago was considered one of the best-run banks in the country by investors and analysts.

NEW YORK - U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on ...

The auto insurance scandal appears to be unnerving some Wells Fargo investors. While other banks have climbed in recent days, Wells Fargo shares have retreated about 2% since the New York Times ...

Scandal-plagued Wells Fargo is back in hot water for signing customers up for products that they didn’t need or want. This time it’s auto insurance, and the bank says it may have cost 20,000 people ...

NEW YORK – The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture. It's a win ...

After an investigation by The Los Angeles Times in 2016, Wells Fargo shut down its sales culture and fired much of its leadership and board of directors. The fake accounts scandal cost Wells Fargo ...