Coverage dated December 19, 2022 to December 20, 2022

Wells Fargo to pay $3.7B over consumer law violations

Headline from KVOA Tucson

WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and

KVOA Tucson's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

41 articles, oldest first.

  1. Washington Post

    Wells Fargo to pay $3.7 billion over actions on loans, consumer accounts (opens Washington Post)

    Published

    Washington Post's feed description

    Regulators say the bank’s actions affected 16 million accounts and had dire consequences, including car repossessions and monumental mortgage fees.

  2. NPR

    Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars (opens NPR)

    Published

    NPR's feed description

    The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution.

  3. KVOA Tucson

    Wells Fargo to pay $3.7B over consumer law violations (opens KVOA Tucson)

    Published

    KVOA Tucson's feed description

    WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and

  4. WTOP Washington DC

    Wells Fargo to pay $3.7B over consumer loan violations (opens WTOP Washington DC)

    Published

    WTOP Washington DC's feed description

    WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and…

  5. Politico

    Consumer bureau orders Wells Fargo to pay $3.7B to settle charges (opens Politico)

    Published

    Politico's feed description

    Wells Fargo agreed to the order without admitting or denying its findings.

  6. St. Louis Post-Dispatch

    Wells Fargo to pay $3.7 billion over consumer loan violations (opens St. Louis Post-Dispatch)

    Published

    St. Louis Post-Dispatch's feed description

    It’s the largest fine to date against any bank by the Consumer Financial Protection Bureau.

  7. Digital Journal

    US agency orders Wells Fargo to pay $3.7 bn for shoddy banking practices (opens Digital Journal)

    Published

    Digital Journal's feed description

    US officials announced Tuesday a $3.7 billion settlement with Wells Fargo over an array of "illegal activity" that burdened customers with wrongful home

  8. Al Jazeera

    Wells Fargo hit with record $3.7bn fine over mismanagement (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    The consumer watchdog ordered the bank to redress more than 16 million accounts affected by widespread violations.

  9. FOX Business

    Wells Fargo will pay $3.7B for criminal mismanagement of loans (opens FOX Business)

    Published

    FOX Business's feed description

    The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay $3.7 billion in compensation for illegally assessing fees and unlawful interest rate charges to its customers

  10. NPR

    Wells Fargo to pay $3.7 billion over mistreatment of its customers (opens NPR)

    Published

    NPR's feed description

    Wells Fargo will pay $3.7 billion to settle charges for wrongfully seizing homes and cars. This is the largest penalty ever imposed by the Consumer Financial Protection Bureau.

  11. NBC News

    Wells Fargo agrees to $3.7 billion federal settlement for an array of alleged consumer abuses (opens NBC News)

    Published

    NBC News's feed description

    The settlement includes $2 billion in restitution and a $1.7 billion civil penalty.

  12. CBS News

    Wells Fargo to pay $3.7 billion settlement over latest allegations of "illegal activity" (opens CBS News)

    Published

    CBS News's feed description

    "Wells Fargo's rinse-repeat cycle of violating the law has harmed millions of American families," CFPB director said.

  13. UPI

    CFPB orders Wells Fargo to pay $3.7B in customer redress and penalties (opens UPI)

    Published

    UPI's feed description

    The Consumer Financial Protection Bureau said on Tuesday that it is ordering Wells Fargo Bank to pay more than $2 billion to consumers and a $1.7 billion civil penalty for legal violations across several of its largest p

  14. New York Times

    Wells Fargo Fined $1.7 Billion Over Consumer Banking Violations (opens New York Times)

    Published

    New York Times's feed description

    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.

  15. KOB 4

    Wells Fargo to pay $3.7 billion in fines, penalties for widespread consumer law violations in auto, mortgage loans (opens KOB 4)

    Published

    KOB 4's feed description

    WASHINGTON (AP) — Wells Fargo to pay $3.7 billion in fines, penalties for widespread consumer law violations in auto, mortgage loans.

  16. Forbes

    Wells Fargo Ordered To Pay Customers $3.7 Billion For Causing ‘Financial Harm’ (opens Forbes)

    Published

    Forbes's feed description

    The bank has been ordered to pay more than $10 billion for violations in the last five years.

  17. RedState

    Wells Fargo Agrees to Pay Record $3.7 Billion Settlement Years After Customer Account Scandal (opens RedState)

    Published

    RedState's feed description

    Wells Fargo is still paying for the major scandal that landed it in hot water six years ago.

  18. Los Angeles Times

    Wells Fargo to pay $3.7 billion over consumer law violations (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Wells Fargo agreed to settle charges it harmed consumers by charging illegal fees and interest on auto loans and mortgages.

  19. Deseret News

    Wells Fargo ordered to pay $3.7B for illegal customer abuses (opens Deseret News)

    Published

    Deseret News's feed description

    Consumer Financial Protection Bureau fines banking giant Wells Fargo for range of illegal customer misdealings, some going back years

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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