The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
Wells Fargo CEO Charles Scharf, JPMorgan Chase CEO Jamie Dimon and Meyer Chetrit (Getty)New allegations tied to a mortgage ...
As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...
CEO pay has been skyrocketing for years now, fueled in part by tax cuts for corporations and ultra wealthy individuals.
The Consumer Financial Protection Bureau (CFPB) hit three of the United States’ biggest banks with a lawsuit, which has now been dropped.
Under the leadership of CEO Charlie Scharf, Wells Fargo is strengthening its compliance framework following the fake account scandal. The bank's improved risk management techniques have received ...
Remember the 2016 “phony accounts” scandal at Wells Fargo? Executives relentlessly pressured employees to meet extreme sales quotas, leading them to create millions of fraudulent accounts without ...
The investigation is ongoing. Wells Fargo’s filing marks the first major lawsuit against a lender in the broader commercial mortgage fraud scandal. Lenders have largely claimed to be victims of ...
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