Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...
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Wells Fargo has fired ... investigation into employees opening as many as 2 million deposit and credit card accounts without customers' permission. Since the scandal and paying a $185 million ...
Wells Fargo acknowledges that for over a decade, its employees engaged in “gaming” practices in which they used existing customer data to engage in a number of fraudulent activities, such as opening ...
More than a dozen Wells Fargo branches have been closed this year, with more than 30 additional closures planned. Here’s the ...
The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
Wells Fargo & Co's veteran chairman and chief ... regulatory authorities and a Los Angeles prosecutor over its staff opening as many as 2 million accounts without customers' knowledge.
Nearly $200 million for affected mortgage servicing accounts. Wells Fargo’s scandal and regulatory problems Wells Fargo has seen regulatory sanctions since its 2016 fake accounts scandal was ...
Wells Fargo has fired thousands of employees and incurred fines totaling $185 million because of a widespread practice of employees opening new accounts for existing customers without their ...
As the bank’s chief security officer, Michael Bacon spent years raising concerns about rampant sales abuses. In exclusive interviews, he details how the bogus-accounts scandal unfolded — and argues ...