Wells Fargo, Amazon Look to Move On

07:04pm, Tuesday, 20'th Dec 2022
Markets gained back a bit of ground as these two big companies tried to settle some differences with regulators.
"If you think the Fed will stop bringing the pain at some point in 2023, then
"Repeat offender" Wells Fargo engaged in practices that cost customers "billions," a regulator says. It's only the latest scandal for the bank.
CNBC's Hugh Son joins 'Closing Bell: Overtime' to report on Wells Fargo agreeing to a $3.7 billion settlement with the CFPB over customer abuses tied to checking accounts, mortgages and auto loans.
Consumer Financial Protection Board orders $2 billion in redress payments to consumers and a $1.7 billion civil penalty, with Wells not admitting wrongdoing.
Wells Fargo agreed to pay $3.7 billion as part of a settlement with the Consumer Financial Protection Bureau (CFPB) over customer abuses.
Wells Fargo & Co. (NYSE: WFC) and authorities struck a $3.7 billion settlement in order for the company to address claims that its conduct affected nearly 16 million customers, What Happened: A $1.7
The Consumer Financial Protection Bureau said Tuesday that Wells Fargo & Co. had harmed millions of people through wrongful car repossessions, improper denials of mortgage-loan modifications, and surp
Walt Disney Co (NYSE: DIS) is trading slightly up on Tuesday after a Wells Fargo analyst issued a bullish note in favour of the entertainment and media conglomerate.
There's a setup emerging for real estate investment trusts, one fund manager says

Wells Fargo to Pay $3.7 Billion CFPB Settlement

12:07pm, Tuesday, 20'th Dec 2022
Wells Fargo & Co. reached a $3.7 billion settlement with the Consumer Financial Protection Bureau, including a record $1.7 billion fine to cover allegations that for years it mistreated millions of cu
The bank has been ordered to pay more than $10 billion for violations in the last five years.
The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay $3.7 billion in compensation for illegally assessing fees and unlawful interest rate charges to its customers
The Consumer Financial Protection Board (CFPB) on Tuesday said it is requiring Wells Fargo & Co. to pay $3.7 billion for alleged widespread mismanagement of auto loans, mortgages and deposit accounts.
Yahoo Finance Live anchor Julie Hyman discuss reports that Wells Fargo has reached a $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB).
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