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 & Company WFC expects loan growth to pick up in 2026, with credit cards and auto lending leading the way, chief financial officer Mike Santomassimo commented at the UBS Financial Services ...

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 ...

Wells Fargo will pay a $1 billion fine to settle claims that it had taken advantage of mortgage and auto loan customers. Federal regulators also... Wells Fargo Fined $1 Billion Over Mortgage And Auto ...

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 ...

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Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting in ...

BETHLEHEM, Pa. — SubPrime Auto Finance News recently confirmed that Wells Fargo Auto Finance is shuttering its auto loan collections operation at Bethehem, Pa., Lehigh Shopping Center in May, which ...