To meet the alternative credit needs of middle-market businesses, Centerbridge and Wells Fargo formed a strategic partnership, diversifying the market of clients served by private credit and direct lending.
Wells Fargo is of the opinion that corporate borrowers are ready to put up with an increase in interest rates.
Wells Fargo will pay $1 billion as part of the settlement of a lawsuit filed by investors in connection with the situation with authorized customer accounts.
The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.
Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.
The media reports that Wells Fargo management expects that the activities of this financial institution in the field of real estate lending will have a negative result in the form of losses.
In the United States, the Securities and Exchange Commission on Tuesday, May 30, announced an agreement with the former head of the Community Bank Wells Fargo & Co. Carrie L. Tolstedt.
Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.
Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest representatives of the financial services industry to support the Versana syndicated lending platform.
Wells Fargo has announced the imminent launch of a digital platform for money management and money tracking.
The largest US banks are joining forces to create a digital wallet.
Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown
To boost security and consumer trust in Zelle, America’s largest banks are developing a compensation plan for customers falling victim to scams
The project will test the feasibility of a programmable digital money design, as well as the viability of the proposed system within existing laws and regulations
Wells Fargo will launch the new virtual assistant Fargo, driven by Google Cloud’s AI technology
Today, we’ll cover the application process at Wells Fargo
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