Search for: "Wells Fargo & Company"
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24 Jul 2023, 6:19 pm
It reveals that from 2016-2022, nearly two thirds (61%) of the financing for fossil fuel expansion companies from JPMorgan Chase, Citi, Bank of America, Wells Fargo, Morgan Stanley, and Goldman Sachs was via capital markets, as opposed to direct lending. [read post]
18 Jul 2023, 12:52 pm
The Growing Problem of Loan Defaults Executives from Wells Fargo, Citigroup, and JP Morgan issued warnings in April, predicting a worsening commercial real estate market. [read post]
13 Jul 2023, 9:15 pm
More recently, shareholders alleged derivative 10(b) claims against Wells Fargo executives after revelations about fake bank accounts.) [read post]
13 Jul 2023, 9:56 am
[4] “Wells Fargo Agrees to Pay Shareholders $1 Billion to Settle Class-Action Suit,” Ben Eisen, The Wall Street Journal, May 15, 2023 [read post]
7 Jul 2023, 1:24 pm
According to its 2022 Focus Report, the company has $30 million in assets under management. [read post]
7 Jul 2023, 12:53 pm
Two of Caldwell’s former employers, Citigroup and Wells Fargo each allegedly reported that she was involved in “Outside Business Activities,” against firm and FINRA rules. [read post]
5 Jul 2023, 9:01 pm
Mar. 15, 2023), in which shareholders relied on 220 Demand documents to allege that the Wells Fargo board ignored “pervasive issues of discrimination” that resulted in multiple scandals, including allegations that the bank held fake interviews with minority candidates. [read post]
5 Jul 2023, 8:00 am
Citi, Wells Fargo, and Bank of America are also among the top five fossil financiers since 2016, the report found. [read post]
10 Jun 2023, 9:44 pm
The FCC dismissed an application by Forum Communications seeking approval for it to acquire a Top 4 rated TV station in the Fargo market where it already owned another Top 4 station. [read post]
31 May 2023, 9:01 pm
In addition, the CFPB and OCC mandated that Wells Fargo enter into consent orders aimed at preventing future misconduct. [read post]
16 May 2023, 1:26 pm
This latest Wells Fargo settlement is just the latest recent jumbo securities suit settlement. [read post]
12 May 2023, 9:17 am
Joint book-running managers for the offering included Keefe, Bruyette & Woods, Wells Fargo Securities, Morgan Stanley, UBS Investment Bank, and Goldman Sachs, with Deutsche Bank Securities as lead manager, and Compass Point, Ladenburg Thalmann, KeyBanc Capital Markets, Oppenheimer, and Piper Sandler also as co-managers for the offering. [read post]
9 May 2023, 11:55 am
Well, when Credit Suisse was in financial trouble, and the Swiss government had UBS takeover the company, those bonds became worthless, absolutely worthless, $17 billion up in smoke, you’re now seeing investors bringing claims Morgan Stanley, and other major firms like UBS and Credit Suisse sold these bonds to investors. [read post]
20 Apr 2023, 8:08 am
In light of such security reasons, Bank of America, Goldman Sachs, Citigroup Inc., Deutsche Bank AG and Wells Fargo & Co. have all banned ChatGPT (Source) to minimize the chances of confidential and personal identifying information being leaked. [read post]
14 Apr 2023, 11:59 am
In March of this year, Wells Fargo agreed to remit $30 Million to settle liability for 124 apparent violations of three sanctions programs. [read post]
14 Apr 2023, 5:01 am
As Van Loo notes, despite having federal examiners on-site year-round, Wells Fargo employees opened millions of unauthorized accounts in customers’ names for years. [read post]
14 Apr 2023, 4:00 am
A Meta employee replied to the operatives saying such images, rather than being treated as manipulated media and removed under certain conditions, were being reviewed by independent fact-checkers who work with the company to examine misinformation and apply warning labels to dubious content. [read post]
13 Apr 2023, 8:11 am
Commitment at the top to systematic avoidance of catastrophic events Boeing’s 737 Max failure, GM’s ignition switch tragedy, and almost all comparable liability disasters (the Wells Fargo fraud on customers, the Volkswagen emissions violations, Blue Bell’s listeria outbreak, etc.) took place in this setting: (1) senior management lacked early warning capability, (2) some frontline employees had a clear view of red flags, and (3) the lawyers were hermetically… [read post]
6 Apr 2023, 10:19 am
Meet the Money 2023 Participants Access Point Financial Accor Aimbridge Hospitality American Investment Migration Anderson Hospitality Consultants APICII Arcade Capital Ashford Asia Pacific Capital Company Atlas Hospitality Group Autocamp Balboa Inn Hotel Bank OZK Bayview Asset Management Bergstrom Capital Advisors The Blackhawk Real Estate Company BlackRidge Group BLLA Bosworth Hospitality Partners Caliber Hospitality California Hotel & Lodging Association California Lodging… [read post]
5 Apr 2023, 10:37 am
Two days ago, Wells Fargo moved to dismiss a class action lawsuit brought on behalf of current Wells Fargo shareholders. [read post]
