Jobs IRLDecoding DemocracyA Warmer WorldI've Always Wondered ...

Loading...

0:00
0% played
Stories Tagged as

Wells Fargo

Can Wells Fargo shrug off the cross-selling scandal?

by Adam Allington
Oct 12, 2016
Wells Fargo brass seeks to move past recent trouble.
 
FREDERIC J BROWN/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wells Fargo CEO retires following fake accounts controversy

by Donna Tam
Oct 12, 2016
Wells Fargo CEO John Stumpf retires after weeks of public outcry.
John Stumpf, Chairman and CEO of the Wells Fargo & Company, testifies before the House Financial Services Committee September 29, 2016 in Washington, DC. The committee heard testimony on the topic of 'An Examination of Wells Fargo's Unauthorized Accounts and the Regulatory Response.' 
Mark Wilson/Getty Images
Share Now on:
SHARE

Too big to be monitored? Wells Fargo says false accounts were just a small slice of business

by Lewis Wallace
Sep 30, 2016
Not disclosing 'material' information to investors could violate securities law. The question is, what is 'material'?
Wells Fargo CEO John Stumpf testifies before the House Financial Services Committee on Thursday in Washington, D.C. 
Mark Wilson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wells Fargo CEO grilled by angry House committee

by Lewis Wallace
Sep 29, 2016
Stumpf now says sales quotas will go away this week, rather than next year.
Mark Wilson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Who failed at overseeing Wells Fargo?

by Sabri Ben-Achour
Sep 28, 2016
The board, for starters. And regulators could have stepped up too.
SAUL LOEB/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wells Fargo to claw back $41 million over false account scandal

by Lewis Wallace
Sep 28, 2016
The bank's executive heads are going to the House on Thursday for another grilling.
Wells Fargo CEO John Stumpf is sworn in prior to testifying before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C. on Sept. 20. 
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Is Wells Fargo digging itself into a PR hole?

by Lewis Wallace
Sep 21, 2016
Senators want to see some higher-ups go down after the company's false account scandal.
John Stumpf, chairman and CEO of Wells Fargo, testifies before the Senate Banking, Housing and Urban Affairs Committee on Tuesday in Washington, D.C. 
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Clawbacks often leave out the clawing

by Sabri Ben-Achour
Sep 20, 2016
Policies that allow companies to take back bonuses are common but rarely used.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wells Fargo in the hot seat with Senate Banking Committee over false accounts

by Lewis Wallace
Sep 20, 2016
A group of senators is asking whether the company will take back bonuses from managers who might have benefited from the scandal.
More than 5,000 Wells Fargo employees have been fired as a result of the company's fake accounts scandal.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wells Fargo to pay $185 million following false accounts scandal

by Lewis Wallace
Sep 9, 2016
Some bank employees, under quota pressure, opened accounts in customers’ names without their permission.
The fine is the largest penalty in the Consumer Financial Protection Bureau's history.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE