The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
A federal judge Thursday appeared skeptical of Wells Fargo’s claim that its board of directors was unaware of the scope of the phony accounts scandal that already has ... of encouraging employees to ...
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 ...
Mouse jigglers and other gadgets to artificially create keyboard activity are in the news after Wells Fargo fired more than a ...
I'm not saying incentive comp is useless - indeed, I suspect a reason Wells Fargo failed to clamp down on these practices for so long is that the high pressure to cross-sell that spawned these ...
Wells Fargo has agreed to pay $3 billion to resolve criminal and civil claims involving excessive and unrealistic sales goals that led employees to falsify records and create fake customer accounts to ...
A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss ...
Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in ...
An curved arrow pointing right. Wells Fargo CEO John Stumpf will temporarily forgo his salary for 2016 while the bank launches an independent investigation over phony accounts created by employees ...
Since the scandal and paying a $185 million fine to the U.S. government, Wells Fargo has been trying to show it is holding management accountable. Claudia Russ Anderson, former chief risk officer ...
Community and regional banks are threatened with irrelevance if they can't support cross-border commerce and supply chains. This creates an opportunity for larger banks to extend their own payment ...