fake accounts scandal

Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
Wells Fargo Fake Accounts Settlements Nears $5 Billion Mark
September 10, 2023  |  Legal

Wells Fargo will pay $1 billion to settle an investor lawsuit tied to authorized customer accounts. The settlement was approved Friday (Sept. 8) by U.S. District...

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DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
September 03, 2023  |  Legal

Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. Carrie Tolstedt agreed earlier this year to plead guilty to obstructing an investigation...

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Ex-Wells CEO Fined, Banned From Banking For Life
Ex-Wells CEO Fined, Banned From Banking For Life
January 23, 2020  |  Bank Regulation

Former Wells Fargo CEO John Stumpf has been banned from ever working in the banking industry again by the U.S. government, according to a report...

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Chipotle Hacked, Wells Re-org’ed And Canada Just Says No To The Blockchain
Chipotle Hacked, Wells Re-org’ed And Canada Just Says No To The Blockchain
June 05, 2017  |  Data Dive

With the comings and goings of Memorial Day, the time has come to kick back, relax and try not to work too hard or move...

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A Tale of Two Banks
A Tale of Two Banks
April 14, 2017  |  Banking

Strength for JPMorgan and weakness for Wells, but with, maybe, a green shoot? Fortunes and earnings varied, but digital made inroads at both.

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