Fiserv-Wells Fargo Merchant Acquiring Joint Venture to Expire in April
Fiserv disclosed Wednesday (Sept. 25) that it expects its merchant acquiring joint venture with Wells Fargo to expire April 1, 2025.
2 days ago - PYMNTS
Report: Wells Fargo Submits Third-Party Review to Federal Reserve
Wells Fargo reportedly submitted a third-party review of its risk and control overhauls to the Federal Reserve, seeking to end the Fed's cap on its assets.
3 days ago - PYMNTS
Wells Fargo's stock up on reported progress on its biggest outstanding regulatory issue
Wells Fargo & Co.'s stock rose 3.5% on Thursday after a report that the bank has submitted a third-party review of its risk and control efforts as part of its move to lift a seven-year-old asset cap.
3 days ago - Market Watch
Wells Fargo sends Fed crucial review for lifting asset cap, Bloomberg News reports
Wells Fargo has sent the Federal Reserve a third-party review of its risk and control overhauls as it looks to shed an asset cap imposed by the regulator, Bloomberg News reported on Thursday, citing p...
3 days ago - Reuters
Wells Fargo Bank Decreases Prime Rate to 8.00 Percent
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. About Wells Fargo Wells Fargo ...
11 days ago - Business Wire
Wells Fargo Expands API Capabilities for its Commercial Banking Business
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced the launch of specialized Application Programming Interfaces (APIs) tailored for its Commercial Banking clients. This ...
13 days ago - Business Wire
Volkswagen Financial Services U.S. and Wells Fargo announce cooperation agreement for vehicle purchase financing of Volkswagen, Audi, and Ducati brands in the United States
- Wells Fargo will provide new U.S. consumer retail financing for vehicle purchase as a co-branded offering, with an estimated transition beginning in April 2025 - VWFS continues to lead VWGoA financi...
13 days ago - PRNewsWire
Wells Fargo faces OCC enforcement, but Jim Cramer sees opportunity in stock
Shares of Wells Fargo & Co (NYSE: WFC) dipped following news of an enforcement action by the Office of the Comptroller of the Currency (OCC), citing the bank's insufficient anti-money laundering effor...
16 days ago - Invezz
Wells Fargo's Anti-Money Laundering Compliance: Analysts See Minimal Impact on Growth Despite Regulatory Hurdles
Wells Fargo & Company WFC shares are trading higher on Friday. On Thursday, the U.S. Office of the Comptroller of the Currency (OCC) entered into a formal agreement with the company as related to its ...
16 days ago - Benzinga
Stock Of The Day: Regretful Sellers Rebuy Their Wells Fargo Shares
When markets are climbing, many traders who sold early often regret their decision. They watch as the stocks they sold continue to rise, missing out on further gains.
16 days ago - Benzinga
Cramer's Mad Dash: Wells Fargo
CNBC's Jim Cramer delivers the daily Mad Dash segment.
16 days ago - CNBC Television
Analysts shrug off Wells Fargo's latest snag with regulators, but note that others remain
Jefferies analyst Ken Usdin said he has “no clear view” on when Wells Fargo's current government-imposed asset cap would be lifted.
17 days ago - Market Watch
Wells Fargo Pledges to Fix AML Program After OCC Agreement
Trouble with federal regulators continues for Wells Fargo. The Office of the Comptroller of the Currency (OCC) said Thursday (Sept.
17 days ago - PYMNTS
Wells Fargo cannot expand into certain high risk areas without permission, regulator says
CNBC's Kate Rooney joins 'Power Lunch' to discuss the Office of the Comptroller of the Currency issuing an enforcement action against Wells Fargo due to deficiencies in its risk management practices.
17 days ago - CNBC Television
Wells Fargo's stock falls on fresh enforcement action by federal regulators
The OCC has flagged the bank's financial-crimes risk-management practices and anti-money-laundering internal controls.
17 days ago - Market Watch
Wells Fargo Issues Statement on Agreement with OCC
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today issued the following statement regarding a formal agreement between Wells Fargo Bank, N.A. and the Office of the Comptroller of ...
17 days ago - Business Wire
Largest U.S. banks will catch a break from Fed's capital rule changes, KBW says
The U.S.'s largest banks will benefit in a myriad of ways from the U.S. Federal Reserve's upcoming changes to its capital requirement proposals to bulk up balance sheets for potential systemic problem...
Other symbols: CGSJPM
17 days ago - Market Watch
Adviser talks bank stocks, says JPMorgan is 'a steal'
US stocks (^DJI,^GSPC, ^IXIC) are mixed in Tuesday's trading session as investors prepare for a rocky month ahead. Fundstrat Global Advisors managing director and global head of technical strategy Mar...
Other symbols: BACCGSJPMMS
19 days ago - Yahoo Finance
"Perfect Storm" Caused by Capital Requirement Increase for Big Banks
Regulators agreed on a 9% increase for capital requirements that will be imposed on the biggest banks in the United States. The news sent shares falling not just for major institutions, but for medium...
Other symbols: BACCGSJPMMS
19 days ago - Schwab Network
Barr's new capital requirements for banks is 'a bit more' than expected, says Wells Fargo's Mayo
Mike Mayo, Wells Fargo Securities senior banking analyst, joins CNBC's to discuss why bank stocks are down on the news of the Fed's Barr recommending 9% increase in capital buffers for the largest ban...
Other symbols: BACCGSJPMMS
19 days ago - CNBC Television
Wells Fargo & Company (NYSE:WFC) Barclays 22nd Annual Global Financial Services Conference Call September 10, 2024 7:30 AM ET Company Participants Mike Santomassimo - Chief Financial Officer Conferen...
20 days ago - Seeking Alpha
EBONY is Bringing the Ultimate HBCU Experience to Atlanta with Inaugural Yard Fest in Partnership with Wells Fargo and 300 Entertainment
ATLANTA , Sept. 9, 2024 /PRNewswire/ -- This fall, EBONY, the iconic and beloved Black-owned media company, will be stomping the yard atMorehouse College for its first-ever EBONY HBCU Yard Fest, a fu...
21 days ago - PRNewsWire
This Analyst With 83% Accuracy Rate Sees More Than 36% Upside In Alphabet - Here Are 5 Stock Picks For August From Wall Street's Most Accurate Analysts
U.S. stocks settled lower on Friday, with the S&P 500 logging its worst week since March 2023. The S&P 500 fell 1.73% to 5,408.42 during the session.
Other symbols: GOOGGOOGLIVESJPM
21 days ago - Benzinga
Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at the Wells Fargo 13th Annual Net Lease REIT Forum
VICTOR, N.Y.--(BUSINESS WIRE)--Broadstone Net Lease Provides an Update on Recent Business Activity and Announces Participation at the Wells Fargo 13th Annual Net Lease REIT Forum.
Other symbols: BNL
21 days ago - Business Wire
The Big 3: HIMS, TLT & WFC
Ben Lichtenstein and Don Kaufman focus on finance and health in today's Big 3. They break down the technical trends for Hims & Hers (HIMS), the iShares 20+ Year Treasury Bond (TLT), and Wells Fargo (W...
Other symbols: HIMSTLT
25 days ago - Schwab Network
