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2. Wells Fargo Review 2024: Multiple checking and saving ... - AOL

   www.aol.com/finance/wells-fargo-review-2024...

   Nevertheless, Wells Fargo is insured by the Federal Deposit Insurance Corp. (FDIC), protecting deposits of up to $250,000 in case of a bank failure. All rates and fees below are current as of ...

3. Wells Fargo - Wikipedia

   en.wikipedia.org/wiki/Wells_Fargo

   In 1954, Wells Fargo & Union Trust shortened its name to Wells Fargo Bank. Four years later, it merged with American Trust Company to form the Wells Fargo Bank American Trust Company. It changed its name back to Wells Fargo Bank in 1962. In 1968, Wells Fargo was converted to a federal banking charter and became Wells Fargo Bank, N.A.

4. History of Wells Fargo - Wikipedia

   en.wikipedia.org/wiki/History_of_Wells_Fargo

   On October 28, 2008, Wells Fargo was the recipient of $25B of the Emergency Economic Stabilization Act Federal bail-out in the form of a preferred stock purchase. [17] [18] Tests by the Federal government revealed that Wells Fargo needed an additional $13.7 billion in order to remain well-capitalized if the economy were to deteriorate further ...

5. U.S. GDP growth isn’t cooling off after all—expect more jobs ...

   www.aol.com/finance/u-gdp-growth-isn-t-181914887...

   Wells also said the U.S. unemployment rate will sit at 4.1% instead of 4.7% by the end of 2024. The tradeoff will be slightly higher inflation. The bank now sees U.S. CPI inflation of 3%, instead ...

6. Wells Fargo cross-selling scandal - Wikipedia

   en.wikipedia.org/wiki/Wells_Fargo_cross-selling...

   The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...

7. Federal Reserve to temporarily lift asset cap on Wells Fargo ...

   www.aol.com/news/federal-reserve-to-temporarily...

   The Federal Reserve said it will temporarily ease its regulatory pressure on Wells Fargo to allow the massive lender to underwrite emergency small business loans under the Paycheck Protection Program.