wells fargo

Wells Fargo Shut Out Of Illinois Bond Business; Chicago May Follow Suit
Wells Fargo Shut Out Of Illinois Bond Business; Chicago May Follow Suit
October 05, 2016  |  Banking

The Wells Fargo fake account scandal has resulted in more fallout for the beleaguered bank — this time, with Illinois announcing a ban on bond...

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Wells Fargo To Pay For $163M Dumping Claim
Wells Fargo To Pay For $163M Dumping Claim
October 04, 2016  |  Banking

The legal hits — via fines — keep on coming for Wells Fargo. As reported by Courthouse News Service, the financial giant has been ordered to...

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Wells Fargo Won’t Catch A Break With Clinton
Wells Fargo Won’t Catch A Break With Clinton
October 03, 2016  |  Security & Fraud

Democratic U.S. presidential candidate Hillary Clinton promised that Wells Fargo will be held accountable for its recent scandal and what she described as the bank’s...

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Lawmakers Pull No Punches For Wells’ Stumpf
Lawmakers Pull No Punches For Wells’ Stumpf
September 30, 2016  |  Banking

Wells Fargo CEO John Stumpf went to Washington on Thursday (Sept. 29) for the second time this month. And it was not exactly a lark...

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Buffett Says No Truth To Reports He Wants Big Changes At Wells
Buffett Says No Truth To Reports He Wants Big Changes At Wells
September 30, 2016  |  Banking

Warren Buffett, whose Berkshire Hathaway remains among the largest shareholders of beleagured Wells Fargo, said on Thursday (Sept. 29) that he has not, contrary to...

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Sanctions For Wells On Repossessing Vehicles From Military Personnel
Sanctions For Wells On Repossessing Vehicles From Military Personnel
September 30, 2016  |  Banking

Adding fuel to the Wells Fargo fire, the company has now been sanctioned by none other than the Justice Department for improperly repossessing cars that...

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PYMNTS 11
PYMNTS 11
September 29, 2016  |  PYMNTS 11

Let’s start with a number between 32.5 million and 33 million. Yeah, there’s a lot of wiggle room there, but those are the numbers that...

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Wells Fargo Independent Board Furious About CEO Stumpf’s Handling Of Scandal
Wells Fargo Independent Board Furious About CEO Stumpf’s Handling Of Scandal
September 29, 2016  |  Banking

Wells Fargo Chief Executive John Stumpf’s move to give up around $41 million in unvested equity was prompted in part by board members who were...

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The Clawbacks Cometh: Wells’ CEO To Forfeit $41 Million
The Clawbacks Cometh: Wells’ CEO To Forfeit $41 Million
September 28, 2016  |  Regulation

While there will be many unsavory details of 2016 to go through — the thing most Americans can agree with is that at least the word...

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