NEW YORK -- Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant.

Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered the ...

Wells Fargo agreed Friday to pay $1 billion in penalties after the bank was fined by two federal regulators — the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency ...

SAN FRANCISCO — As part of its anticipated merger with Wachovia, Wells Fargo confirmed that 53 employees at its auto loan center in Tempe, Ariz., were cut. As earlier reported by SubPrime Auto Finance ...

Now Amazon has another important part of the automotive retailing business covered. On Tuesday, Amazon Autos announced the addition of three finance companies — Chase, Santander and Wells Fargo — to ...

Wells Fargo is expected average loans to grow modestly in 2025, driven by the corporate and investment bank markets and banking segment, as well as growth in car loans and credit cards. Average ...

Wells Fargo's said average loans outstanding in Q3 rose 2% from a year ago to $928.7 billion, the first time the portfolio grew since Q2 2023. Among the drivers of the growth was higher commercial and ...