Wells Fargo

FILE - In this March 10, 2020 file photo, Wells Fargo CEO and President Charles Scharf is seated before he testifies during a hearing of the House Financial Services Committee, on Capitol Hill, in Washington. (AP Photo/Alex Brandon, File)
(AP Photo/Alex Brandon, File)
WRVA News
September 23, 2020 - 11:56 am
By KEN SWEET AP Business Writer NEW YORK (AP) — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified Black executives. Scharf said that “there is a very limited pool of black talent to recruit from” in the corporate America. The memo was...
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ID 109585728 © Chon Kit Leong | Dreamstime.com
December 29, 2018 - 9:20 am
RICHMOND, VA - (WRVA) Attorney General Mark R. Herring announced that Wells Fargo Bank N.A. will pay $575 million to resolve claims that the bank violated state consumer protection laws. The settlement alleges Wells Fargo opened millions of unauthorized accounts and enrolled customers into online...
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dreamstime
October 22, 2018 - 3:13 pm
By SARAH SKIDMORE SELL , AP Personal Finance Writer Credit scores are about to get a tweak that might help those with weaker credit. Fair Isaac Corp., the company behind the widely used FICO score, announced Monday that it will begin testing a new type of credit score next year with credit...
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(Dreamstime)
September 20, 2018 - 5:52 pm
RICHMOND, Va. – A Vermont woman was sentenced today to 15 years in prison for committing multiple armed bank robberies in Virginia and Vermont. According to court documents, Amber R. Fusco, 30, drove from Vermont to Virginia in December 2017 with two other individuals. On the way to Virginia, the...
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dreamstime
July 14, 2018 - 8:38 am
WASHINGTON (AP) — Commerce Secretary Wilbur Ross says he is selling off all his vast stock holdings after news reports raised questions about the timing of some of his stock transactions and he received a sharp reprimand from the chief federal ethics officer. But it's not clear whether the sales by...
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dreamstime
May 08, 2018 - 2:14 pm
MINNEAPOLIS (AP) - A southern Minnesota family in a victim protection program is suing Wells Fargo and one of its mortgage bankers, alleging the bank sent mail to what was supposed to be a secret location. The lawsuit also alleges the family received mail from outside vendors - a signal that the...
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April 20, 2018 - 4:03 pm
By KEN SWEET, AP Business Writer NEW YORK (AP) — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to misconduct at its mortgage and auto lending business, the latest punishment levied against the banking giant for widespread customer abuses. In a settlement announced...
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