Wells Fargo agreed to pay Citigroup $100 million to settle a lawsuit stemming from Wells Fargo’s acquisition of Wachovia in 2008, the companies said Friday.
Continue reading Wells Fargo Will Pay Citigroup $100 …
Wells Fargo reported net income rose 3% to a record $3.34 billion in the third quarter, thanks to its merger with Wachovia, the bank said. Also, improving credit conditions managed to offset a 7% fall in revenue.
…
After allegations of deceptive marketing from eight states, Wells Fargo has reached a settlement agreement. The bank will forgive $772 million in risky home loans and will pay $24 million to help reduce the impact of foreclosur…