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The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, including one where staff set up fake accounts. The news that the Fed ...

Regulatory caps that limited growth have been lifted, freeing Wells Fargo to pursue new business. Wells Fargo (NYSE: WFC) is out of the penalty box, more than seven years after regulators put ...

For Wells Fargo, nearly a decade’s worth of scandals, federal regulatory action and a $1.95 trillion asset cap limiting the bank’s growth had its roots in 2016.

Wells Fargo can mark your account as “dormant” if there’s been no real activity for over 16 months. Wells Fargo is closing inactive accounts, and it may start affecting more customers in June.

On Tuesday, Wells Fargo celebrated the grand opening of a branch at 125 S. Wacker Drive in the Loop and will have a ceremony Wednesday for a new location at 2411 N. Lincoln Ave. in Lincoln Park.

Wells Fargo consolidates India operations, closing Chennai office by 2027, focusing on Bengaluru and Hyderabad. Watch video for details.

The rest are located in cities such as Delhi NCR, Pune, and Chennai. Nasscom estimates the number of Indian GCCs will hit 2,200 by March 2030, with a market size of $105 billion.

Wells Fargo is set to shut down its Global Capability Centre (GCC) in Chennai by the final quarter of FY2026–27, as part of a phased restructuring of its India operations.

American financial services firm Wells Fargo is shutting its Chennai Global Capability Centre (GCC) and has allowed employees to move to Bengaluru or Hyderabad by Q4FY27. “This move aligns with ...

Wells Fargo has announced plans to close its Global Capability Centre (GCC) in Chennai, with operations expected to wind down by the fourth quarter of FY2026–27.