Wells Fargo News

Cyber Attacks Against Wells Handled Well: CFO

Recent cyber attacks against Wells Fargo & Co were “pretty significant” but didn’t cause customer losses or a major increase in expenses, the bank’s Chief Financial Officer, Tim Sloan, told Reuters on Friday. The No. 4 U.S. bank by assets …

Wells Fargo to Pay $175M in Race Discrimination Probe

Wells Fargo & Co agreed to pay $175 million to resolve allegations it charged African-Americans and Hispanics higher rates and fees on mortgages even when they qualified for better deals during the housing boom, the U.S. Justice Department said on …