U.S. regulators say Wells Fargo has repeatedly misled and overcharged its customers. These allegations have rocked the 170-year-old bank, which still stands as one of the largest lenders in the U.S. The Federal Reserve continues to uphold an unprecedented cap on the bank's assets in response to the government's findings. These ongoing legal issues have weighed on the bank in recent years, sending numerous employees and executives out the door.
Beam Financial promised investors higher interest rates on their savings. But many customers say they had a lackluster experience and want to withdraw their money. Weeks later, they're still waiting for their cash and are eager for answers.
CNBC's Dom Chu reports on the FDIC's vote to change the Volcker rule to allow banks to use their own capital to facilitate client trades.
FDIC chair Jelena McWilliams joins "Squawk on the Street" to discuss the 2020 candidates, banking, interest rates and more.
Sheila Bair, former chair of the FDIC, joins CNBC's "The Exchange" to discuss Facebook's new cryptocurrency and the possibilities for the Fed's own digital currency.
Federal Deposit Insurance Corporation Chair Jelena McWilliams sits down for an interview with CNBC's Sara Eisen to discuss the state of financial regulation.
Sheila Bair, former U.S. Federal Deposit Insurance Corporation chair, sits down with "Squawk on the Street" to discuss her op-ed in The New York Times.