wells fargo

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...

READ MORE >
Wells Fargo’s Latest Legal Settlement
Wells Fargo’s Latest Legal Settlement
November 01, 2016  |  Banking

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that...

READ MORE >
Senators Want To Know Why KPMG Didn’t Catch Wells Fargo Fake Accounts
Senators Want To Know Why KPMG Didn’t Catch Wells Fargo Fake Accounts
October 31, 2016  |  Banking

Sen. Elizabeth Warren (D-MA) has reportedly sent a letter to KPMG, Wells Fargo’s auditor, questioning why the accounting firm did not catch the fake accounts...

READ MORE >
On-Site Sales Reviews Now Required For Wall Street Banks
On-Site Sales Reviews Now Required For Wall Street Banks
October 26, 2016  |  Regulation

In the fallout of Wells Fargo’s scandal over unauthorized customer accounts, regulators may force publicly-traded banks to adhere to in-person of sales practices and procedures....

READ MORE >
Wells Fargo’s Mobile Banking App Takes A Hit In Wake Of Scandal
Wells Fargo’s Mobile Banking App Takes A Hit In Wake Of Scandal
October 24, 2016  |  Banking

Wells Fargo’s fake account scandal has hurt the financial services company, not only from a reputation standpoint but also from a business perspective, given some states...

READ MORE >
California AG Looking Into Criminal Charges Against Wells Fargo
California AG Looking Into Criminal Charges Against Wells Fargo
October 20, 2016  |  Security & Fraud

As if it couldn’t get any worse for embattled Wells Fargo, Los Angeles Times is reporting that the California Department of Justice is looking into criminal...

READ MORE >
New CEO Not Wells Fargo’s Savior
New CEO Not Wells Fargo’s Savior
October 17, 2016  |  Banking

Tim Sloan’s debut as Wells Fargo’s new CEO left The Street nonplussed. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
October 14, 2016  |  News

It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. Get the Full Story Complete the form to unlock this article...

READ MORE >