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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp. Revenue fell to $21.6 The bank reported 28.9

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. The Home Savings And Loan Company of Kenton, Ohio. By Ed Avis. Methodology. It is available to consumers in all 50 states. PeopleFirst Bank. Beaver Dam.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority. The proposed rules appreciably increase corporate accountability on cyber risk, starting from the boardroom and cascading down throughout the organization. This effort will provide a set of voluntary standards for businesses and others to adopt.