The account opening scandal at Wells Fargo could cost shareholders $7.4B or more in lost market value. The investigations and resulting operational changes at the company will likely impact the ...

SACRAMENTO, Calif. (KGO) -- State Treasurer John Chiang has made a major announcement about San Francisco-based Wells Fargo - he's suspended the bank from business relationships worth billions for one ...

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests.

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. Claudia Russ Anderson, the former ...

Nearly a year after news broke that Wells Fargo employees—under the pressure of meeting the bank’s cross-selling sales quotas—created 2.1 million fake accounts under the names of current customers, ...

Federal regulators on Tuesday lifted Wells Fargo 's $1.95 trillion asset cap punishment over its fake sales scandal that had prevented it from growing for the past seven years -- a major turning point ...

Since the exposure of millions of unauthorized accounts opened by Wells Fargo N.A., the national banking chain has faced $185 million in fines, fired more than 5,300 workers and seen its chief ...

Later today, Wells Fargo shareholders will vote on whether or not to fire most of the bank's board members. This does not happen every day in corporate America. Well, actually, it almost never happens ...

Lawyers at Shearman & Sterling, Munger, Tolles & Olson and Williams & Connolly are among those tapped by the bank and its executives to defend government investigations and class action suits. As law ...