No More Risky Business as Wells Fargo Banks on Compliance
Wells Fargo(WFC) PYMNTS.com·2025-01-16 05:32
It’s been a banner earnings season for U.S. banks.Wells Fargo’s fourth-quarter 2024 financial results were no different, with the lender posting strong guidance and better earnings than were expected by Wall Street.But, as the bank’s leadership stressed on the Wednesday (Jan. 15) investor call, the quarter was a pivotal one for a different reason than just financials: it marked a significant turning point in the bank’s commitment to risk management and compliance.“Building the right risk and control infrast ...