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In the face of high inflation, rising interest rates and a slowing global economy, banks are setting aside reserves — just in case.
It used to be the top mortgage lender in the country.
On Friday, Bank of America, Citigroup, Wells Fargo and JPMorgan Chase will post earning reports. Parts of their business struggled in the fourth quarter.
Some big banks will give credit cards to people who lack credit scores, looking instead at savings and checking account history.
They've been raking in money thanks to the strong stock market, companies' appetite for debt and initial public offerings.
Wells Fargo, in trouble with regulators and lawmakers, is having trouble finding a new boss.
After two years of scandals, now the bank is dealing with employees who forged meal receipts.
With Fed giving Wells Fargo good marks on its financials, the bank tries to look beyond recent scandals
Wells Fargo has seen its share of bad headlines recently … from news it opened fake accounts, to a payout of $1 billion to settle claims of improper mortgage and auto lending practices. But there was a bright spot for the bank last week when it passed the Federal Reserve’s annual stress test, that measures […]
The acting director of the Consumer Financial Protection Bureau talks about the agency's decision to fine Wells Fargo.