Wells Fargo & Co on Aug. 31 raised the estimate of accounts opened without customers' knowledge by 1.4 million, bringing the total to about 3.5 million. The scandal over phony accounts came to light ...
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.
Federal regulators on Tuesday lifted Wells Fargo's $1.95 trillion asset cap punishment that had prevented the bank from growing for the past seven years. The asset cap was Wells Fargo's biggest ...
Top Fidelity stock picker Will Danoff beat the drum for big tech stocks in his latest quarterly commentary but stayed silent on the unauthorized accounts scandal surrounding Wells Fargo & Co, one of ...
Wells Fargo is one of the oldest and most powerful banks in the United States. Its reputation today is in tatters, following a notorious scandal that is still unfolding. Reports of fraudulent activity ...
NEW YORK (AP) — The Federal Reserve said Tuesday that Wells Fargo is no longer subject to harsh restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture. It's a win ...
Lawyers at Shearman & Sterling, Munger, Tolles & Olson and Williams & Connolly are among those tapped by the bank and its executives to defend government investigations and class action suits. As law ...
The scope of Wells Fargo's fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers' permission between 2009 ...
The resignation under fire of Wells Fargo's CEO John Stumpf after a CFPB consent order, other regulatory actions and public opprobrium yields lessons for counsel and CEO everywhere. Embattled banking ...