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Wells Fargo CEO Scharf to tell Congress bank could still face setbacks while addressing regulatory...
Reuters via Yahoo Finance· 2 years agoWASHINGTON (Reuters) - Wells Fargo CEO Charles Scharf plans to tell Congress that the bank could...
Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges
Reuters via Yahoo News· 2 years agoWASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic...
Wells Fargo failing to protect customers from Zelle scams -Senator Warren
Reuters via Yahoo Finance· 2 years agoIn a letter dated Oct. 6 but made public on Thursday, Warren told Wells CEO Charles Scharf the...
Wells Fargo employees in Virginia Beach push for a union
Virginian Pilot via Yahoo Finance· 5 months agoA group of Wells Fargo tellers and bankers in Virginia Beach want a union, citing low pay and...
US eases restrictions on Wells Fargo after years of strict oversight following scandal
Associated Press Finance via Yahoo Finance· 4 months agoThe Biden administration eased some of the restrictions on banking giant Wells Fargo, saying the...
Jamie Dimon: 'The U.S. economy today is a classic tale of two cities'
Yahoo Finance via AOL· 2 years agoAs megabank CEOs attended their annual congressional hearings for day one of two on Wednesday,...
The new strategy for US banks: Shrink
Yahoo Finance via AOL· 8 months agoCitigroup (C) is stripping out five layers of management. US Bancorp (USB) is pledging to shrink its balance sheet so it can sidestep stricter banking...
Program aims to spend up to $60 million on anti-recidivism initiative
TheGrio via Yahoo News· 11 months agoThe program is based on insights gleaned from three years of research identifying the fundamental...
Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the...
Fortune via Yahoo Finance· 6 months agoSen. Elizabeth Warren, who has a fearsome reputation as a financial watchdog and the brain behind...
U.S. bank CEOs set for congressional grilling by Democrats and Republicans
Reuters via Yahoo Finance· 2 years agoThe chief executives of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major U.S. banks are set to be grilled by both Democratic and Republican lawmakers on Wednesday on the economy ...