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Wells Fargo names new leadership team, including key Providence post

PROVIDENCE – Wells Fargo & Co. has named Michael DiSandro as its commercial banking leader for southeastern and eastern Massachusetts, and he will continue...

Banks tied to fossil fuel lending

This wasn’t the welcome to Rhode Island that JPMorgan & Chase envisioned.Protesters gathered recently at the bank's soon-to-open branch near Brown University in Providence....

Five Questions With: Mark A. Cousineau

Mark A. Cousineau is a vice president for Wells Fargo & Co.'s Commercial Banking division in southern New England. He joined Wells Fargo in...
ALL 18 BANKS REQUIRED TO PARTICIPATE in the first round stress test exam demonstrated an ability to withstand a hypothetical financial shock. / COURTESY FEDERAL RESERVE

Goldman, Morgan Stanley do better in Fed stress tests after 2018’s...

NEW YORK – Goldman Sachs Group Inc. and Morgan Stanley improved on last year’s poor results in the first round of the latest Federal...
A JUDGE HAS cleared Peter M. Cannava, Wells Fargo lead banker on the $75 million in bonds for the video game company 38 Studios, of all charges related to an SEC complaint arguing that the R.I. Economic Development Corp. (predecessor to the R.I. Commerce Corp.), EDC officials, Wells Fargo and Cannava defrauded investors in the issuance of the bonds. Cannava was the only defendant not to settle with the SEC.

Judge rules in favor of Wells Fargo banker in 38 Studios...

PROVIDENCE – Peter M. Cannava, the lead banker on the bonds for 38 Studios at Wells Fargo, has had claims alleging that he aided...

Wells Fargo gives nearly $100K to Rhode Island nonprofits

PROVIDENCE – Wells Fargo & Co. donated $95,850 to Rhode Island nonprofits, schools and community organizations in 2018 to help communities and people in...
WELLS FARGO WILL pay Rhode Island $1.2 million as part of a $575 million, 50-state settlement over claims that the bank violated consumer protection laws in several capacities. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

R.I. to receive $1.2M from $575M national settlement with Wells Fargo

PROVIDENCE – Rhode Island will receive $1.2 million from a $575 million, 50-state settlement with Wells Fargo Bank N.A. over states' claims that the...
CONFIDENCE AMONG U.S. homebuilders plummeted in November by the most since 2014. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. homebuilder index drops by most since ’14 as rates rise

NEW YORK - Confidence among United States homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrain demand,...

Providence Public Library receives $7K grant from Wells Fargo

PROVIDENCE – Providence Public Library was awarded a $7,500 grant from Wells Fargo to help support the library’s Passport to Summer Learning program, PPL...
THE INDEPENDENT COMMUNITY Bankers of America criticized federal regulators and Wells Fargo after news came out the bank created two-thirds more fake accounts than previously reported.

ICBA slams Wells Fargo, regulators after fake accounts increase

WASHINGTON – The Independent Community Bankers of America slammed both federal regulators and Wells Fargo after news came out the bank created two-thirds more...
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