Banking and Financial Institutions – Page 209

U.K. Markets Slump Despite Kwasi Kwarteng’s Ouster

Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.

By Eshe Nelson

Banking and Financial Institutions Company Reports Wells Fargo & Company

Wells Fargo’s Scandals Drag on Profit as It Braces for a ‘Slowing Economy’

The bank’s earnings took a $2 billion hit, bringing its profit down to $3.5 billion in the third quarter.

By Stacy Cowley

Bank of England Banking and Financial Institutions Credit and Debt Economic Conditions and Trends Georgieva, Kristalina Ivanova Government Bonds Great Britain Inflation (Economics) International Monetary Fund Truss, Elizabeth (1975- )

Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.

By Eshe Nelson

Banking and Financial Institutions Consumer Financial Protection Bureau Consumer Protection Frauds and Swindling Mobile Commerce and Payments Regulation and Deregulation of Industry Scharf, Charles W Senate Warren, Elizabeth Wells Fargo & Company

Elizabeth Warren Singles Out Wells Fargo for ‘Alarming Pattern’ of Zelle Fraud

Customers’ claims have risen sharply in recent years and exceed the rate reported by other large banks, the senator said in a letter to the bank’s leader.

By Stacy Cowley

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