Banking giant Wells Fargo is set to distribute $1.3 million in a new class action settlement. The lawsuit alleges the bank sent improper and misleading correspondence to mortgage customers in West ...
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, ...
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 ...
Wells Fargo announced a board shakeup Tuesday, including the coming retirement of three directors, in a restructuring effort following the bank's consumer sales scandal, CNBC reported. Elizabeth ...
"The United States Securities and Exchange Commission (SEC) has undertaken an investigation regarding the cash sweep options that the Company provides to investment advisory clients at account opening ...
NEW YORK • In the aftermath of the 2008 financial crisis, the banking industry sought to address an ethics crisis with surveys, town hall meetings, appointments of overseers and mechanisms for ...