The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...
Wells Fargo CEO Charles Scharf, JPMorgan Chase CEO Jamie Dimon and Meyer Chetrit (Getty)New allegations tied to a mortgage ...
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
But Wells Fargo’s biggest punishment remains in effect among its five remaining consent orders. The 2018 $1.95 trillion asset cap prevents the bank from growing until regulators believe it has fixed ...
Wells Fargo & Company’s WFC 2018 consent order ... to fix compliance problems following its year-long fake account scandal, detailing its efforts to implement risk controls.
Wells Fargo has improved efficiency and profitability but lacks significant revenue growth. Check out WFC stock's valuation ...
There are 13 directors on Wells Fargo's board: None of WFC's directors predate 2015, primarily because a 2016 scandal prompted Wells Fargo to overhaul its board and leadership team. The scandal ...
Wells Fargo said it's well positioned for any uptick in merger activity this year, given the hiring in recent years to expand its corporate and investment banking businesses. Wells Fargo expects ...
WFC's 2018 consent order imposed on the bank in April 2018 is terminated. This marks the 10th consent order, which has been closed by regulators since 2019.