NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic. JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Goldman Sachs raised the funds set aside for bad loans […]
WINDOW ROCK, Ariz. (AP) — The Navajo Nation has settled claims against Wells Fargo accusing the company of predatory and unlawful practices. The tribe says Wells Fargo has agreed to pay $6.5 million, ending cases in federal and tribal court. The tribe had accused bank employees of routinely misleading customers […]
OGDEN, Utah (AP) — A Utah man is accused of robbing the same bank twice. A federal indictment charges 52-year-old Anthony Thomas Murdzak of Logan with robbing a Wells Fargo branch in Ogden on June 4 and June 24, allegedly getting a total of $8,650 from tellers on the two […]
ALBUQUERQUE, N.M. (AP) — The Navajo Nation is appealing the dismissal of a lawsuit it filed against Wells Fargo, accusing the company of engaging in predatory and unlawful practices. A federal judge dismissed the lawsuit last month at the request of Wells Fargo. The company argued that many claims were […]
ALBUQUERQUE, N.M. (AP) — A federal judge has dismissed a lawsuit that alleged Wells Fargo engaged in predatory and unlawful banking practices with members of the Navajo Nation. The tribe filed the lawsuit last December in federal court in New Mexico. It sought to recover improper fees, service charges and […]
