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20 Oct 2016, 8:26 pm by Sam Turco
Wells Fargo Bank has admitted to opening millions of customer accounts and credit card accounts without customer authorization since 2005. [read post]
11 Oct 2012, 12:02 pm by The Law Firm of Shein & Brandenburg
The crux of the government's case is that the bank loans in more than 6,000 cases contained problems that Wells Fargo failed to disclose to the Federal Housing Administration (FHA). [read post]
6 Aug 2012, 7:10 am by ekrause
It was created and sold in 2005 by Wachovia Securities, then part of Wachovia Bank and later renamed Wells Fargo Advisors after Wells Fargo acquired Wachovia. [read post]
Wells Fargo also announced their donation in a recent article at DSnews.com: "Wells Fargo is pleased to have been the first bank working with the Cuyahoga County Land Reutilization Corporation to donate both properties and funds to the Land Bank," said Russ Cross, Midwest regional servicing director for Wells Fargo Home Mortgage, says the company will be looking at additional properties it can contribute to the… [read post]
Wells Fargo also announced their donation in a recent article at DSnews.com: "Wells Fargo is pleased to have been the first bank working with the Cuyahoga County Land Reutilization Corporation to donate both properties and funds to the Land Bank," said Russ Cross, Midwest regional servicing director for Wells Fargo Home Mortgage, says the company will be looking at additional properties it can contribute to the… [read post]
18 Dec 2008, 6:15 pm
Wachovia and Wells Fargo have probably reached a settlement with the Plaintiff in the class action lawsuit over the merger between the two banks. [read post]
26 Aug 2020, 1:07 pm
  Like this litigation.You can easily see why the City of Oakland sued Wells Fargo. [read post]
11 Nov 2008, 9:06 am
The truth of this saying may be tested in coming weeks, as lawmakers and regulators grapple with the question of how to fix an under-the-radar corporate tax break for a few large banks (the federal tax cut for Wells Fargo alone has been estimated at over $20 billion, and the new tax break overall could cost US taxpayers $140 billion) that seems to have been approved without Congress agreeing to it.A Citizens for Tax Justice report from last week outlines the story:When one… [read post]
27 Sep 2019, 12:15 pm by Thornton McEnery - Dealbreaker
Say what you will, but leaving BNY Mellon to run Wells Fargo proves that Charlie Scharf is definitely not a venal careerist. [read post]
3 Feb 2009, 3:00 pm
MICHAEL SILENCE IS UNIMPRESSED with Wells Fargo: “Bailed-out banking giant Wells Fargo is planning more than a week of corporate junkets at Las Vegas casinos. [read post]
29 Jan 2019, 8:22 pm
HollanderHolding: An arbitration agreement between a bank customer and the bank was enforceable because  the arbitration provision was broad and sufficiently related to the dispute between the parties.Facts:Plaintiff Meghan Stone (“Stone”) alleged that Wells Fargo Bank (the “Bank”) improperly took funds from her account, in violation of the terms of her service agreement (the “Agreement”) with the… [read post]
5 Oct 2008, 3:55 pm
  Do I think Citigroup will get a nice “go away, please” payment from Wachovia, with a kick-in from Wells Fargo? [read post]
26 Apr 2017, 6:12 am
To meet sales quotas, receive incentive compensation and please superiors, thousands of Wells Fargo employees (5000 in recent years) falsified bank records, forged customer signatures, opened more than 2000 unauthorized checking or savings accounts for non-consenting customers, charged improper fees, and illegally transferred customer funds. [read post]
26 Apr 2017, 6:12 am
To meet sales quotas, receive incentive compensation and please superiors, thousands of Wells Fargo employees (5000 in recent years) falsified bank records, forged customer signatures, opened more than 2000 unauthorized checking or savings accounts for non-consenting customers, charged improper fees and illegally transferred customer funds. [read post]
11 Apr 2017, 5:37 pm by Kevin LaCroix
The high-profile nature of the Wells Fargo scandal and the attention-grabbing magnitude of the clawbacks may draw attention to the kind of measures that Wells Fargo adopted. [read post]