Wells Fargo CEO expresses more confidence in regulatory fixes

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Fri, December 13, 2024

[ Fri, Dec 13th 2024 ]: Seeking Alpha

Alibaba: Why 2025 Could Be The Year Of Redemption

[ Fri, Dec 13th 2024 ]: MarketWatch

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[ Fri, Dec 13th 2024 ]: Fortune

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[ Fri, Dec 13th 2024 ]: businesstech.co.za

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[ Fri, Dec 13th 2024 ]: Business Insider

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[ Fri, Dec 13th 2024 ]: The New York Times

Elon Musk and DOGE vs. Regulators

[ Fri, Dec 13th 2024 ]: Business Line

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[ Fri, Dec 13th 2024 ]: Business Insider

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[ Fri, Dec 13th 2024 ]: Forbes

Strategies For Effective Compliance In Fintech

[ Fri, Dec 13th 2024 ]: bnnbloomberg

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[ Fri, Dec 13th 2024 ]: Delaware County Daily Times

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[ Fri, Dec 13th 2024 ]: Moneyweb

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[ Fri, Dec 13th 2024 ]: Independent.ie

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[ Fri, Dec 13th 2024 ]: The New York Times

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[ Fri, Dec 13th 2024 ]: China Briefing

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[ Fri, Dec 13th 2024 ]: Seeking Alpha

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[ Fri, Dec 13th 2024 ]: The New Zealand Herald

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[ Fri, Dec 13th 2024 ]: Reuters

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[ Fri, Dec 13th 2024 ]: businesslive.co.za

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[ Thu, Dec 12th 2024 ]: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex .. , Nifty tests 24,400; metal stocks under pressure

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[ Thu, Dec 12th 2024 ]: Reuters

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[ Thu, Dec 12th 2024 ]: Los Angeles Times

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[ Thu, Dec 12th 2024 ]: The New York Times

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[ Thu, Dec 12th 2024 ]: CTV News

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[ Thu, Dec 12th 2024 ]: businesstech.co.za

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[ Thu, Dec 12th 2024 ]: Forbes

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[ Thu, Dec 12th 2024 ]: Business Insider

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[ Thu, Dec 12th 2024 ]: Business Standard

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[ Thu, Dec 12th 2024 ]: The Rolla Daily News

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[ Thu, Dec 12th 2024 ]: Beef Central

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[ Thu, Dec 12th 2024 ]: Arabian Business

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[ Thu, Dec 12th 2024 ]: Cyprus Mail

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[ Thu, Dec 12th 2024 ]: The Hindu

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[ Thu, Dec 12th 2024 ]: https//businessofhome.com

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[ Thu, Dec 12th 2024 ]: Bloomberg L.P.

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[ Thu, Dec 12th 2024 ]: Business Today

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[ Thu, Dec 12th 2024 ]: Buffalo News

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[ Thu, Dec 12th 2024 ]: Sydney Morning Herald

ASX set to rise as Wall Street gets inflation bump

[ Thu, Dec 12th 2024 ]: The Fresno Bee

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[ Thu, Dec 12th 2024 ]: Business Line

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[ Thu, Dec 12th 2024 ]: Daily Mail

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[ Thu, Dec 12th 2024 ]: The Age

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Wed, December 11, 2024

[ Wed, Dec 11th 2024 ]: The New Indian Express

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[ Wed, Dec 11th 2024 ]: The Victoria Advocate

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[ Wed, Dec 11th 2024 ]: KITV

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[ Wed, Dec 11th 2024 ]: Mint

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[ Wed, Dec 11th 2024 ]: businessday

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[ Wed, Dec 11th 2024 ]: Wall Street Journal

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[ Wed, Dec 11th 2024 ]: The State

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[ Wed, Dec 11th 2024 ]: Albuquerque Journal

Higher education leaders grilled on funding, return on investment by lawmakers

[ Wed, Dec 11th 2024 ]: Trinidad Express Newspapers

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[ Wed, Dec 11th 2024 ]: abp LIVE

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[ Wed, Dec 11th 2024 ]: Business Wire

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[ Wed, Dec 11th 2024 ]: Gulf Times

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[ Wed, Dec 11th 2024 ]: The Royal Gazette

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[ Wed, Dec 11th 2024 ]: Associated Press

Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year

[ Wed, Dec 11th 2024 ]: The Financial Express

Shriram Finance completes sale of housing finance arm

[ Wed, Dec 11th 2024 ]: The New York Times

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[ Wed, Dec 11th 2024 ]: Yahoo Finance

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[ Wed, Dec 11th 2024 ]: CNN

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[ Wed, Dec 11th 2024 ]: Newsweek

America Sees Rise in People Quitting Their Jobs

[ Wed, Dec 11th 2024 ]: Investopedia

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[ Wed, Dec 11th 2024 ]: USA Today

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[ Wed, Dec 11th 2024 ]: Bloomberg L.P.

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[ Wed, Dec 11th 2024 ]: TechCrunch

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[ Wed, Dec 11th 2024 ]: savannahbusinessjournal

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[ Wed, Dec 11th 2024 ]: MSN

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[ Wed, Dec 11th 2024 ]: vegconomist

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[ Wed, Dec 11th 2024 ]: The StarPhoenix

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[ Wed, Dec 11th 2024 ]: businesslive.co.za

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[ Wed, Dec 11th 2024 ]: CBC.ca

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[ Wed, Dec 11th 2024 ]: Emirates247

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[ Wed, Dec 11th 2024 ]: The Independent

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[ Wed, Dec 11th 2024 ]: Wales Online

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[ Wed, Dec 11th 2024 ]: Reuters

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[ Wed, Dec 11th 2024 ]: London Evening Standard

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[ Wed, Dec 11th 2024 ]: Fortune

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[ Wed, Dec 11th 2024 ]: Independent.ie

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[ Wed, Dec 11th 2024 ]: Business Line

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[ Wed, Dec 11th 2024 ]: Business Today

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Power Finance Consolidated September 2024 Net Sales at Rs 25,721.79 crore, up 14.88% Y-o-Y

Wells Fargo CEO expresses more confidence in regulatory fixes

//business-finance.news-articles.net/content/202 .. presses-more-confidence-in-regulatory-fixes.html

Published in Business and Finance on Wednesday, December 11th 2024 at 22:40 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Wells Fargo CEO Charlie Scharf expressed more confidence on Wednesday in the bank's progress to fix compliance problems after its years-long fake accounts scandal, detailing its efforts to implement risk controls.

Wells Fargo CEO Charles Scharf expressed increased confidence in resolving the bank's regulatory issues during a speech at a conference in New York on December 11, 2024. He highlighted that the bank has made significant progress in addressing the consent orders from regulators, which were imposed due to various scandals including the creation of fake accounts. Scharf noted that while there is still work to be done, the bank is on track to meet its regulatory commitments, with improvements in risk management, compliance, and customer remediation efforts. He also mentioned that the bank's financial performance has been strong, with third-quarter earnings surpassing expectations, and he anticipates a potential lifting of the asset cap that has restricted Wells Fargo's growth since 2018.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/wells-fargo-ceo-expresses-more-confidence-regulatory-fixes-2024-12-11/ ]

Publication Contributing Sources

Reuters

N🟁N

Wells Fargo CEO expresses more confidence in regulatory fixes