scandal

Wells Fargo Hobbled By The Fed, $400M In Profits At Risk
Wells Fargo Hobbled By The Fed, $400M In Profits At Risk
February 05, 2018  |  Regulation

Wells Fargo is replacing four members of its board and will be prevented from growing beyond a certain asset level under a rare action by...

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Wells Fargo CEO Bullish On The Future
Wells Fargo CEO Bullish On The Future
October 19, 2017  |  Security & Fraud

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. In an interview...

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Ohio Gives Wells Fargo Six-Month Time Out
Ohio Gives Wells Fargo Six-Month Time Out
October 13, 2017  |  Bank Regulation

Ohio announced that it is extending its ban on doing business with Wells Fargo because the bank “still has work to do” when it comes...

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Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
August 23, 2017  |  Banking

Wells Fargo CEO Tim Sloan sent a companywide message to address team member questions regarding the ongoing remediation process and warn employees to brace for...

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What’s Ahead For Samsung Galaxy Note 8 Wednesday Launch
What’s Ahead For Samsung Galaxy Note 8 Wednesday Launch
August 21, 2017  |  Mobile

Samsung, the South Korean consumer electronics company, could get a bit more redemption and closure this coming week when the company rolls out the Samsung...

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Wells Fargo Announces It Will Replace Retiring Chairman Early Next Year
Wells Fargo Announces It Will Replace Retiring Chairman Early Next Year
August 16, 2017  |  Personnel

Wells Fargo & Company has announced that Elizabeth “Betsy” Duke will succeed Stephen Sanger as independent chairman of the board, a result of shareholder displeasure over...

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California To Look Into Auto Insurance Allegations At Wells Fargo
California To Look Into Auto Insurance Allegations At Wells Fargo
August 09, 2017  |  Security & Fraud

The state of California is gearing up to investigate allegations that Wells Fargo and National General Insurance sold residents insurance they didn’t need. According to...

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Wells Fargo May Find A Lot More Fake Accounts
Wells Fargo May Find A Lot More Fake Accounts
August 07, 2017  |  Banking

Wells Fargo warned late last week that a deeper dive into its sales practices raises the possibility for a “significant increase in the identified number...

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Wells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
Wells Fargo To Slash 69 Executive Roles; Faces Calls For Board To Be Removed
July 31, 2017  |  Security & Fraud

Wells Fargo, the embattled national bank, is gearing up to slash 69 executive positions in its retail unit. The sector been struggling since news broke...

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