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Only on FOX, a Kingwood couple almost lost $8,000 from their Wells Fargo account in a very elaborate scheme that we first told you about back in February.

Consequently, Wells Fargo altered its strategy to concentrate on businesses that yield higher returns and are less capital-intensive, such as investment banking and advisory services.

Wells Fargo got some good news this week. Federal regulators on Tuesday announced they’re lifting a severe punishment on the bank related to its fake accounts scandal from nearly a decade ago.

Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake accounts scandal FILE - A sign stands outside a branch of Wells Fargo bank Wednesday, April 17, 2024, in Littleton, Colo ...