Wells Fargo Gets Good and Bad News. Wall Street Takes It All in Stride.
Wells Fargo gets one problem solved—and then another pops up. But Wall Street seems unfazed so far with the latest batch of news about the San Francisco-based bank.
On Thursday, the Office of the Comptroller of the Currency fined Wells Fargo (ticker: WFC) $250 million for not making enough progress on fixing its mortgage business that the regulator identified in 2018.