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The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.
Citibank said it was first large national bank to remove overdraft fees in 2022. Bank of America said it lowered overdraft ...
Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...
Wells Fargo has delivered 18 consecutive earnings beats and 11% Y/Y EPS growth, signaling operational consistency and ...
Following the 2008 financial crisis which led to the Great Recession, Congress created the U.S. Consumer Financial Protection Bureau and gave it ... Another notorious action exposed Wells Fargo for ...
Person-to-person money transfers are now only available through the banks and credit unions that work with Zelle.
Wells Fargo & Company ... order regarding legacy Wells Fargo Financial business. In January 2025, WFC’s 2022 consent order with the Consumer Financial Protection Bureau related to automobile ...
The move marks the fifth closed consent order - an enforcement action involving a fine or specific directive to address an issue - since the beginning of 2025, CEO Charlie Scharf said in a statement.