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#wellsfargo — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #wellsfargo, aggregated by home.social.

  1. Tokenized Deposits Could Erode Bank Stability and Raise US Borrowing Costs, Fed Economists Warn — BigGo Finance

    The push to modernize the US banking system with blockchain technology could have an unintended consequence: making it…
    #Economy #BankofAmerica #BankChainAlliance #BNY #Citi #FederalReserveBankofDallas #FederalReserveSystem #HSBC #JPMorganChase #PIX #RosieLevy #SriniRamaswamy #StandardChartered #Swift #TheClearingHouse #WellsFargo
    europesays.com/3219939/

  2. …Because exams are confidential, they can identify — &, ideally, stop — small issues that could otherwise mushroom. The #CFPB’s examiners have forced #banks & other #lenders to return hundreds of millions of dollars to #consumers for improper fees & worthless services, & helped uncover high-profile issues like #WellsFargo’s sham accounts scandal.

    #law #corruption #government #oversight #Project2025 #RussVought #Trump