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As if Wells Fargo's poor showing Tuesday as Chairman and CEO John Stumpf appeared before the Senate Banking Committee wasn't bad enough, the unfolding scandal looks even worse as more former ...
Wells Fargo is trying to figure out what retail banking products and services could look like after the bank moves past the scandal impact. "Candidly, it's one we're wrestling with," he said.
The account opening scandal at Wells Fargo could cost shareholders $7.4B or more in lost market value. The investigations and resulting operational changes at the company will likely impact the ...
The Federal Reserve said Tuesday that Wells Fargo is no longer subject to the restraints the Fed placed on the bank in 2018 for having a toxic sales and banking culture.
Wells Fargo is still trying to move beyond the 2016 fake-accounts scandal. It's harder than it looks.
Millions of Wells Fargo customers are one step closer to receiving money following the bank's fake-account scandal. A federal judge has given preliminary approval for a class action lawsuit. That ...
Wells Fargo is at risk of losing $99 billion in deposits and $4 billion in revenue, the firm said. In September, Wells Fargo agreed to pay $185 million to authorities over the unauthorized accounts.
On August 31st a new report on the initial scandal increased the number of potentially unauthorised accounts from 2.1m to 3.5m (excluding the years from 2002 to 2009, which could not be examined ...
When a scandal over unauthorised accounts rocked Wells Fargo & Co's <WFC.N> retail division last fall, executives at its asset management arm sprang into action to limit its fallout at an already ...
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