Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can deal with public perception and regulatory issues, according to a report by Reuters. The bank aims to become the only...
Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to process as much as $150 billion in suspicious payments, and noted that two U.S.-based lenders were involved. According to a...
The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16). The Financial Conduct Authority (FCA) will allow small businesses to file complaints and secure compensation with the Financial Ombudsman Service (FOS)...
Danske Bank officials were aware of problems at its Estonian branch earlier than they indicated, reported The Wall Street Journal. According to the report, citing a correspondence seen by the paper, the bank officials knew that the branch in Estonia had accounts for Russian clients...
May 15, 2019
The U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo as the scandal-plagued bank’s new CEO, according to a report by Reuters. Joseph Otting told the governing body that he would use legal powers usually reserved for the oversight of […]
April 26, 2019
Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can deal with public perception and...
November 19, 2018
Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to process as much as $150...
September 18, 2018
Danske Bank officials were aware of problems at its Estonian branch earlier than they indicated, reported The Wall Street Journal. According to the report, citing a correspondence seen by the...
