Contrywide Finacial Corp. Wells Fargo and the Credit Bureaus Sued for Deceit. Abigail Field | Wells Fargo and the Credit Bureaus Sued for Deceit Posted by 4closureFraud on September 5, 2011 · 1 Comment Wells Fargo and the Credit Bureaus Sued for Deceit Following on the heels of the Nevada AG‘s suit that details profound deception and bad faith dealing by Bank of America, Countrywide and affiliates, consumers in Oklahoma have leveled similar charges against Wells Fargo.
Similar, that is, in that the consumers accuse Wells Fargo and the Credit Reporting Agencies of deceptive and incompetent business practices, including the total violation of a settlement agreement. Wachovia - Personal Finance and Business Financial Services. Wells Fargo. Wells Fargo's corporate headquarters in San Francisco In 2007 it was the only bank in the United States to be rated AAA by S&P,[6] though its rating has since been lowered to AA-[7] in light of the financial crisis of 2007–2012.
The firm's primary U.S. operating subsidiary is national bank Wells Fargo Bank, N.A., which designates its main office as Sioux Falls, South Dakota. Wells Fargo in its present form is a result of a merger between San Francisco-based Wells Fargo & Company and Minneapolis-based Norwest Corporation in 1998 and the subsequent 2008 acquisition of Charlotte-based Wachovia. Following the mergers, the company transferred its headquarters to Wells Fargo's headquarters in San Francisco and merged its operating subsidiary with Wells Fargo's operating subsidiary in Sioux Falls. In February 2014 Wells Fargo was named the world's most valuable bank brand for the 2nd year running [12] in The Banker and Brand Finance study of the top 500 banking brands.[13] Wells Fargo - Personal & Business Banking - Student, Auto & Home Loans - Investing & Insurance.