Scandal, regulatory pressure and structural inefficiencies prompted Wells Fargo, one of the largest U.S. auto lenders, to scale back vehicle loan originations in 2016. Today, Wells Fargo Auto is back ...
NEW YORK (Reuters) - Wells Fargo & Co is scaling back and remolding its auto lending business in response to growing stress in the market, as well as a bank-wide push for more centralized risk ...
After a series of scandals, Wells Fargo has restructured its auto business and is looking to turn over a new leaf with consumers and dealers. Wells Fargo began pulling back on auto loan originations ...
NEW YORK (Reuters) - Wells Fargo & Co is scaling back and remolding its auto lending business in response to growing stress in the market, as well as a bank-wide push for more centralized risk ...
The Consumer Financial Protection Bureau is levying a $1 billion fine against Wells Fargo — a record for the agency — as punishment for the banking giant’s actions in its mortgage and auto loan ...
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today that Tanya Sanders will be the new head of Wells Fargo Auto. She brings over two decades of financial services ...
Wells Fargo & Co. has agreed to pay at least $385 million to settle a lawsuit after saddling millions of customers with auto insurance that they neither needed nor ...
Wells Fargo will give refunds to more than 570,000 auto loan customers who were also charged for auto insurance without their knowledge. The bank said in August it will begin sending letters and ...
Wells Fargo executives were warned that the bank’s auto insurance program was harming customers four years before it was shut down, according to a lawsuit. Wells Fargo admitted last year to charging ...
The Consumer Financial Protection Bureau is considering fining Wells Fargo & Co. hundreds of millions of dollars for its mortgage-lending and auto-insurance abuses — following up on a threat by ...
Wells Fargo was hit Friday with a $1 billion fine from the Consumer Financial Protection Bureau and the Office of The Comptroller of the Currency to punish the bank for disregarding its own ...
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