The Securities and Exchange Commission of the United States announced on Tuesday million-dollar fines to various companies that have violated federal communications laws.
The companies, including the Wells Fargo bank, are accused of not keeping proper electronic records of communications with their…
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Wells Fargo
Wells Fargo to pay $3.7 billion in penalties and refunds
Wells Fargo must pay the US regulators the amount of US$ 3.700 million for fines and reimbursements, before the accusations of crimes related to mortgages and loans.
According to the Consumer Financial Protection Office (CFPB), the…
Wells Fargo offers Bitcoin transactions
Wells Fargo's high-value clients will be able to expose themselves to Bitcoin (BTC) and other cryptocurrencies. This was reported by a spokesman for the American multinational, joining the growing list of traditional financial institutions…
Wells Fargo restricts access to Zelle to Venezuelans
Through a statement via email, Venezuelans with accounts at the Wells Fargo institution in the United States received the news that they will no longer be able to count on the Zelle service.
Specifically, those people who have registered…
Wells Fargo invests USD $ 5 Million to connect banks with exchanges
The investment division of the third largest bank in the US, Wells Fargo, invested USD $ 5 million in Series B of Elliptic, the startup specializing in connecting banks with exchanges, who promotes its services through the Elliptic…
Wells Fargo benefit fell 13% in 2019
The US bank Wells Fargo accounted for a net attributable profit of $ 17,938 million in the whole of 2019, which represents a 13% drop compared to the previous year, according to the results published on Tuesday by the entity.
The president…
Wells Fargo develops a stablecoin for internal use
In its pilot phase, the cryptocurrency driven by Wells Fargo will be used under the blockchain platform, initially for the internal liquidation of the company for international payments within its global network through a token, as…
Benefits of Wells Fargo showed an increase of 20%
The US bank Wells Fargo accounted for a net profit of 6,206 million dollars in the second quarter of 2019, which is an increase of 20% over the same period last year, as reported by the entity on Tuesday.
The turnover of Wells Fargo…