WFC Oct 2024 45.000 call
| Previous Close | 6.80 |
| Open | 8.00 |
| Bid | 8.10 |
| Ask | 9.30 |
| Strike | 45.00 |
| Expire Date | 2024-10-18 |
| Day's Range | 8.00 - 8.27 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 813 |
ZacksWFC Signs Agreement With OCC to Fix AML Program, Stock Dips 4%
Wells Fargo signs an agreement with OCC to improve its overall AML and sanctions risk management processes.
Associated Press FinanceNewly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection
Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering. The agreement comes just seven months after the Biden Administration lifted a consent order on the bank that had been in place since 2016 following a series of scandals, including the opening of fake customer accounts. The Office of the Comptroller of the Currency said it had identified “deficiencies relating to the bank’s financial crimes risk management practices and anti-money laundering internal controls in several areas.”
- Yahoo Finance Video
Wells Fargo, Upwork, Arm Holding: 3 Stocks In Focus
The US Office of the Comptroller of the Currency (OCC) has found major bank Wells Fargo (WFC) to be taking proper steps toward addressing its money laundering issues and provide anti-money laundering protections. Engine Capital has taken up a 4% stake in the freelancing platform Upwork (UPWK). The activist investor is now demanding that the company implement cost-cutting strategies and grow its enterprise business. Lastly, Raymond James initiates coverage on chip designer Arm Holding (ARM) with an Outperform rating and a price target of $160 per share. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
