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Wells Fargo catches flak after sudden reversal on ambitious community goal: 'An outrageous abdication of responsibility'
Wells Fargo announced it is ditching its plans to achieve net zero in a key area by 2050. The move comes after the banking ...
Wells Fargo sees path to growth ahead as another regulatory order is lifted
Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from ...
Wells Fargo Takes Another Step Forward as OCC Terminates 2021 Consent Order
(Reuters) - Wells Fargo said on Monday the U.S. Office of the Comptroller of the Currency (OCC) has terminated a 2021 consent ...
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Wells Fargo ditches net zero targets vilified by Trump administration
Wells Fargo & Co. has formally abandoned its ... goal to achieve net zero by 2050 for financed emissions,” the bank said in a statement on Friday. The announcement comes as some of the world ...