Wells Fargo to pay $1 billion in regulatory settlement over abuses in its auto and mortgage loan units [CNBC]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: CNBC
Wells Fargo shares rise after the bank agrees to pay $1 billion to settle allegations from multiple regulators it engaged in lending abuses. Wells says the settlement with the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency shaves $800 million off its first-quarter profit. The bank has been struggling to come back from a fake accounts scandal that surfaced in 2016 in which branch employees opened millions of fake accounts in customers' names without their knowledge. Liz Moyer Published 1 Hour Ago Updated 15 Mins Ago CNBC.com
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WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- WFC's page on the SEC website