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 ...

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.

The scope of Wells Fargo's fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers' permission between 2009 ...

U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on Saturday, Dec. 10.

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 ...

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 ...

A settlement was reached with federal regulators and a former Wells Fargo executive, who had been ordered to pay $10 million for her role in the bank’s sprawling fake sales accounts scandal. Now, she ...

Wells Fargo CEO John Stumpf will forfeit an estimated $41 million in equity awards and his salary as the banking corporation conducts an independent investigation into the firm’s handling of retail ...

NEW YORK-It's going to get worse for Wells Fargo before it gets better. In the wake of the biggest scandal in the bank's 164-year history, distrustful customers are not opening as many checking ...