The account opening scandal at Wells Fargo could cost shareholders $7.4B or more in lost market value. The investigations and resulting operational changes at the company will likely impact the ...
NEW YORK (AP) — The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture. It’s a win ...
Federal regulators on Tuesday lifted Wells Fargo 's $1.95 trillion asset cap punishment over its fake sales scandal that had prevented it from growing for the past seven years -- a major turning point ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Claudia Russ Anderson, the former ...
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.
Federal regulators on Tuesday lifted Wells Fargo's $1.95 trillion asset cap punishment that had prevented the bank from growing for the past seven years. The Federal Reserve determined that Wells ...
Lawyers at Shearman & Sterling, Munger, Tolles & Olson and Williams & Connolly are among those tapped by the bank and its executives to defend government investigations and class action suits. As law ...
SACRAMENTO, Calif. (KGO) -- State Treasurer John Chiang has made a major announcement about San Francisco-based Wells Fargo - he's suspended the bank from business relationships worth billions for one ...
Wells Fargo CEO John Stumpf will forfeit an estimated $41 million in equity awards and his salary as the banking corporation conducts an independent investigation into the firm’s handling of retail ...
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study suggests.
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