Federal regulator plans to vet Wells Fargo choice for next chief executive – Winston-Salem Journal – Rumor.cc

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Passing the second phase of the stress test qualifies the financial institutions to request approval for their latest capital plans. federal regulator of Wells Fargo told a U.S. Senate Banking.

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Wells Fargo will roll out "sweeping changes" to its website in the next few weeks, aimed at organizing information and products around goals or life stages — like going to college or retiring. The bank has begun notifying customers that the changes are coming, pledging a "cleaner design" and suggestions on products that may be of interest.

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Wachovia was a diversified financial services company based in Charlotte, North Carolina.Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services.