scandal

Wells Fargo Spinning Off Businesses Following Scandal
Wells Fargo Spinning Off Businesses Following Scandal
July 17, 2017  |  Banking

Following a fake accounts scandal and thousands of employees committing fraud, Wells Fargo has been in hot water over the past few months, and it...

READ MORE >
Wells Fargo To Pay $142 Million To Customers
Wells Fargo To Pay $142 Million To Customers
July 11, 2017  |  Banking

The customers affected by Well’s Fargo’s account creation scandal have come to a settlement agreement with the bank, and a federal judge has offered preliminary...

READ MORE >
Hobby Lobby Pays $3M in Iraqi Artifact Smuggling Case
Hobby Lobby Pays $3M in Iraqi Artifact Smuggling Case
July 07, 2017  |  Retail

Arts and craft megastore Hobby Lobby is in hot water. After buying Iraqi archeological artifacts back in 2010, the Christian-based retail chain is paying a...

READ MORE >
Wells Fargo Replaces, Restructures Exec Team
Wells Fargo Replaces, Restructures Exec Team
May 31, 2017  |  Banking

Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head...

READ MORE >
Wells Fargo CEO Wants No Board Members Expelled
Wells Fargo CEO Wants No Board Members Expelled
April 20, 2017  |  Bank Regulation

The fallout from last year’s Wells Fargo scandal continues. Most recently, Wells’ CEO Tim Sloan looked to persuade investors to not expel board members at...

READ MORE >
Wells Fargo Claws Back Another $75M
Wells Fargo Claws Back Another $75M
April 11, 2017  |  Legal

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing...

READ MORE >
Regulators Give Wells Fargo’s Top Examiner The Boot
Regulators Give Wells Fargo’s Top Examiner The Boot
April 10, 2017  |  Regulation

The lead regulator for U.S. banks, the Office of the Comptroller of the Currency, removed Wells Fargo’s most senior bank examiner, people familiar with the...

READ MORE >
Uber Riders Use Service More In 2017 Than In The Past
Uber Riders Use Service More In 2017 Than In The Past
March 23, 2017  |  Retail

Embattled Uber, although embroiled in a scandal over sexual harassment claims and the resignation of two executives, is still doing brisk business providing people in the...

READ MORE >
Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
Wells Fargo Retail Banking Data Shows Slow Down In New Customer Accounts
March 21, 2017  |  Banking

Wells Fargo released its retail banking customer activity data for February 2017, and it shows the biggest drop in credit card applications since the bank’s scandal...

READ MORE >