Scharf, Charles W – Page 2

Wells Fargo to Pay $3.7 Billion Over Consumer Banking Violations

The Consumer Financial Protection Bureau cited improper overdraft fees, account freezes, auto repossessions and misapplied home loan payments that have harmed millions of consumers since 2011.

By Emily Flitter

Banking and Financial Institutions Citigroup Inc Company Reports Consumer Behavior Credit and Debt Dimon, James Fraser, Jane (1967- ) Gorman, James P JPMorgan Chase & Company Morgan Stanley Scharf, Charles W United States Economy Wells Fargo & Company

JPMorgan, Citigroup and Other Big Banks See Profits Drop

Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets.

By Stacy Cowley Emily Flitter and Stephen Gandel

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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