fake account scandal

Wells Fargo Reported 5 Percent Decline In Branch Interactions In November

Wells Fargo Reported 5 Percent Decline In Branch Interactions In November
Wells Fargo Reported 5 Percent Decline In Branch Interactions In November
December 19, 2016  |  Banking

Embattled Wells Fargo announced Friday (Dec. 16) retail banking customer activity data for November showed total branch interactions were down 5 percent when compared to...

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Wells Fargo Lawsuit Targets Higher-Ups In Bank
Wells Fargo Lawsuit Targets Higher-Ups In Bank
December 12, 2016  |  Banking

The lawsuits against Wells Fargo due to the fake account scandal have widened to include more higher-ups in the bank. Get the Full Story Complete...

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Wells CEO Defends Sales Practices
Wells CEO Defends Sales Practices
December 07, 2016  |  Banking

Wells Fargo still expects to spend millions of dollars due to various investigations and regulatory inquiries about the company’s fake account scandal. Get the Full Story...

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Wells Fargo Reports A 27 Percent Decline In New Accounts In October
Wells Fargo Reports A 27 Percent Decline In New Accounts In October
November 18, 2016  |  Banking

Coming off the heels of a fake account scandal that resulted in the departure of Wells Fargo CEO John Stumpf, the bank is providing an...

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Warren Buffett Sticks With Wells Fargo Despite Scandal
Warren Buffett Sticks With Wells Fargo Despite Scandal
November 14, 2016  |  Banking

A couple of months since the Wells Fargo fake account scandal broke, Warren Buffett is breaking his silence, telling CNN that Wells Fargo made a...

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Wells Fargo Litigation Reserves Nearing $2B
Wells Fargo Litigation Reserves Nearing $2B
November 04, 2016  |  Banking

Wells Fargo disclosed Thursday (Nov. 3) it is raising the amount of money it set aside for legal fees due to the fake account scandal...

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Wells Fargo Facing Calls From Senators For Department Of Justice Inquiry
Wells Fargo Facing Calls From Senators For Department Of Justice Inquiry
October 06, 2016  |  Banking

A group of senators has sent a letter to the Justice Department, urging it to investigate and, if necessary, prosecute the individuals behind the fake account...

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Fitch Paints Negative Picture For Wells Fargo
Fitch Paints Negative Picture For Wells Fargo
October 05, 2016  |  Banking

Fitch, the credit rating agency, on Tuesday (Oct. 4) affirmed Wells Fargo’s ratings at “AA-/F1+” and Wells Fargo Bank, N.A.’s ratings at “AA/F1+” but revised...

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