Wells Fargo & Co.

  • TD Bank settles overdraft fee litigation for $62 million

    Last week, Toronto Dominion Bank became the latest financial institution to settle with customers who accused it of charging them excessive overdraft fees.

  • Banks pay New York state $25 million for alleged foreclosure abuses

    A month after reaching a record $25 billion foreclosure settlement with U.S. mortgage lenders, several states are ready to collect. Today it’s New York, which will collect $25 million from five major banks over their alleged abuse of the Mortgage Electronic Registration System (MERS).

  • JPMorgan settles mortgage suit

    JPMorgan Chase & Co. has reached a $45 million agreement with the federal government to settle claims the financial giant charged veterans hidden fees in mortgage refinancing transactions.

  • Mortgage and foreclosure costs reach $72 billion

    The economic drain of faulty mortgages has yet to cease, even as the country’s largest banks come closer to reaching a settlement in the 50-state review of foreclosures.

  • Wells Fargo investigated for possible data breach

    Nothing says “Happy New Year!” like an investigation from the attorney general. Such is the reality for Wells Fargo & Co., which now must explain to Connecticut Attorney General George Jepsen why it may have disclosed customers’ Social Security numbers when it mailed them copies of subpoenas issued by the...

  • Kodak prepares for bankruptcy

    Nearly two weeks after Eastman Kodak Co. announced a major change in leadership, rumors are circulating that the 131-year-old photography company is preparing to file for bankruptcy in the next few weeks.

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