Wells Fargo Hit With $1 Billion Fine For Mortgage, Auto Lending AbusesWells Fargo is being fined a combined $1 billion by two federal regulators for abuses tied to its mortgage and auto lending businesses.
Wells Fargo Says 3.5 Million Accounts Involved In ScandalWells Fargo is now saying 3.5 million accounts were impacted by its fake accounts scandal, a dramatic increase from the 2.1 million accounts it originally estimated.
Wells Fargo Claws Back $75M From Execs In Sales ScandalWells Fargo bank board clawed back some $75 million in pay from two former executives, CEO John Stumpf and community bank executive Carrie Tolstedt, saying both executives dragged their feet for years regarding problems at the second-largest U.S. bank.
Wells Fargo Still Feeling Impact Of Sales Practices ScandalWells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll.
Helping College Freshman Avoid The Biggest 3 MistakesAugust is in full swing and that means school is about to start. As incoming freshman and parents experience new situations, there’s an increased likelihood of making mistakes. Check out the big 3!
City "Error" Leaves North Texas Employees Without Paychecks Thousands of Fort Worth city employees were supposed to be paid Thursday night, but they weren't. City officials are now scrambling to fix what they are calling an “administrative error.”
More Bad News For Bank Customers: Debit Card FeesBank of America will start charging debit-card users $5 a month to pay for purchases. The move comes as the cards increasingly replace cash and as banks look for ways to offset the loss of revenue.
Simple Steps To Avoid New Banking FeesOnly 65 percent of banks still offered free checking accounts last year. In fact, the cost of managing your money is going up across the board. Get some tips on how can you protect your money.