Tag: Wells Fargo
Wells Fargo to pay $3.7B over consumer loan violations
WASHINGTON (AP) – Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers...
Fraud, scam cases increasing on Zelle, Senate report finds
NEW YORK (AP) – Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report...
Many banks consolidating jobs as economy shifts
While restaurants and retailers were laying off their workers at the onset of the COVID-19 pandemic, banks embarked on a hiring spree in the...
U.S. employers added 528,000 jobs; unemployment falls to 3.5%
WASHINGTON (AP) – America's hiring boom continued last month as employers added a surprising 528,000 jobs despite raging inflation and rising anxiety about a...
Crack down on bank mergers could help economy
President Joe Biden signed a sweeping executive order in July that aims to increase competition throughout the U.S. economy. In one of the order’s...
RIMA B2B and Manufacturing Week Kickoff goes virtual this year
PROVIDENCE – Oct. 1 is the last day to register for the B2B and Manufacturing Week Kickoff Conference on Oct. 6, hosted by the...
JPMorgan Chase plans to cut support for fossil fuels, but local...
PROVIDENCE – Amid criticism from environmentalists and shareholder groups, JPMorgan Chase & Co. announced plans to end or phase out loans to some fossil...
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...
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