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3 Apr 2017, 9:00 am
Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially.As to that bit about "satisfy our customers' financial needs and help them succeed financially" I gotta wonder who they see as their customers and who are they helping to succeed? [read post]
31 Mar 2017, 6:03 am
Posted by Alvaro Taboada, Mississippi State University, and René Stulz, The Ohio State University, on Tuesday, March 28, 2017 Tags: Bailouts, Banks, Capital requirements, Financial crisis, Financial institutions, Financial regulation, Firm valuation, Incentives, Liquidity, SIFIs, Stress tests, Systemic risk, Too big to fail Another “Choice” for Bank Regulatory Reform? [read post]
24 Mar 2017, 6:00 am by Doug Cornelius
The study identified Wells Fargo Advisors as the biggest offender, saying its female advisers were 25% more likely to experience a “job separation” after misconduct than their male counterparts. [read post]
23 Mar 2017, 6:14 am by Lauri F. Rasnick
Such investors have already filed proposals with a number of large financial services institutions, such as Citigroup, Bank of America Corp., and Wells Fargo & Co. [read post]
23 Mar 2017, 6:14 am by Lauri F. Rasnick
Such investors have already filed proposals with a number of large financial services institutions, such as Citigroup, Bank of America Corp., and Wells Fargo & Co. [read post]
18 Mar 2017, 3:55 am by AZ
Most recently, Wells Fargo drew attention and sharp criticism when it admitted to creating millions of unauthorized accounts in its customers’ names and then charging them fraudulent fees associated with the accounts. [read post]
18 Mar 2017, 3:55 am by AZ
Most recently, Wells Fargo drew attention and sharp criticism when it admitted to creating millions of unauthorized accounts in its customers’ names and then charging them fraudulent fees associated with the accounts. [read post]
9 Mar 2017, 9:30 pm by Claire Hill
The then-head of Wells Fargo Bank, John Stumpf, blamed “bad apples,” and 5,300 salespeople were fired. [read post]
8 Mar 2017, 9:13 am by John Jascob
In each proposal, Bartlett Naylor defines non-core banking operations to mean those that are conducted by affiliates other than Bank of America, N.A. and Wells Fargo Bank N.A., respectively.Bartlett Naylor cited the financial crisis of 2008 in support of its proposal, which it said highlighted the significant weaknesses in the practices of large inter-connected financial institutions. [read post]
3 Mar 2017, 12:00 pm by mceadm
The lawsuit claimed Duenas-Brown suffered loss of financial and employment benefits, as well as loss of advancement opportunities due to Wells Fargo’s retaliatory actions. [read post]
21 Feb 2017, 1:58 pm by Jonathan H. Adler
Only weeks thereafter, Lehman Brothers failed, the government bailed out A.I.G., Washington Mutual declared bankruptcy, and Wells Fargo obtained government assistance for its buy-out of Wachovia. [read post]
20 Feb 2017, 8:59 am
From the Desk of Jim Eccleston at Eccleston Law LLC:Across its private client, independent brokerage and in-bank brokerage channels, Wells Fargo Advisors experienced a net loss of 204 brokers during the fourth quarter of this past year. [read post]
14 Feb 2017, 9:23 pm by Adam Levitin
House Financial Services Committee Chairman Jeb Hensarling (R-Texas 5th) has an alternative fact problem. [read post]
8 Feb 2017, 11:23 am by WOLFGANG DEMINO
 Companies with the most mortgage-related complaints: The three companies that the Bureau has received the most average monthly complaints about were Wells Fargo, Bank of America, and Ocwen. [read post]
30 Jan 2017, 3:00 am by John Jenkins
  He notes that Wells Fargo’s former CEO told Congress that the board was aware of the bank’s unauthorized account issues in 2014. [read post]
27 Jan 2017, 10:59 am by Malecki Law Team
Plate was most recently registered as a broker from May 2005 to June 2014 with Wells Fargo Advisors Financial Network, LLC out of the broker-dealer’s Orlando, Florida office. [read post]
27 Jan 2017, 10:59 am by Malecki Law Team
Plate was most recently registered as a broker from May 2005 to June 2014 with Wells Fargo Advisors Financial Network, LLC out of the broker-dealer’s Orlando, Florida office. [read post]