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10 Oct 2016, 6:42 pm by Sabrina I. Pacifici
The Wells Fargo fake account scandal, first uncovered by the Los Angeles Times in 2013, is growing. [read post]
8 Oct 2016, 5:00 am by Daily Record Staff
Velazquez started off the week with a promotion to executive director of the Maryland State Bar Association while Wells Fargo’s week went from bad to worse with talk that the state might move away from its banking relationship with the troubled financial institution. [read post]
6 Oct 2016, 8:09 am by Cathy Moran
 If you banked with Wells Fargo, their shenanigans may be messing with your apparent credit worthiness. [read post]
5 Oct 2016, 7:59 am by D. Daxton White
According to FINRA BrokerCheck, Smith was registered with Wells Fargo Advisors in Williamsburg, VA from02/2015 – 06/2016 and with Morgan Stanley in Williamsburg, VA from 06/2009 – 01/2015. [read post]
4 Oct 2016, 4:17 pm by Sabrina I. Pacifici
In April of this year, the agencies jointly determined that each of the 2015 resolution plans of Bank of America, Bank of New York Mellon, JPMorgan Chase, State Street, and Wells Fargo was not credible or would not facilitate an orderly resolution under the U.S. [read post]
3 Oct 2016, 10:00 am by The Sader Law Firm
Wells Fargo has upset the nation, and especially Senator Elizabeth Warren, for using high-pressure sales tactics that tempted workers to create bank accounts for customers without their permission. [read post]
30 Sep 2016, 10:18 am by Gregory J. Brod
However, actions taken by the California State Treasurer against banking giant Wells Fargo illustrate just how powerful whistleblowers can, in fact, be. [read post]
30 Sep 2016, 10:18 am by Gregory J. Brod
However, actions taken by the California State Treasurer against banking giant Wells Fargo illustrate just how powerful whistleblowers can, in fact, be. [read post]
30 Sep 2016, 6:36 am by Mary Jane Wilmoth
The request for an investigation came as a result of the recent revelation that Wells Fargo employees had created millions of phony accounts, which earned the bank unwarranted fees, to boost their sales figures and make more money. [read post]
30 Sep 2016, 5:58 am by Staci Zaretsky
" Wells Fargo CEO John Stumpf may be forfeiting $41 million in pay, but lawmakers were still pretty darn upset with him when he testified before the House Financial Services Committee at a hearing yesterday. [read post]
28 Sep 2016, 1:08 pm by Susanna Leighton
Thanks in large part to Senator Elizabeth Warren’s indefatigable efforts to hold “too big to fail” banks accountable for their part in the financial crisis that devastated the country in 2008, Wells Fargo’s CEO John Strumpf is being forced by the bank to forfeit $41 million dollars as a result of his role in theThe post More Bad News for Wells Fargo CEO appeared first on Legal Reader. [read post]
28 Sep 2016, 12:27 pm by Tom Smith
The treasurer is also suspending his office’s investment in Wells Fargo securities. [read post]
28 Sep 2016, 11:33 am by Stephanie Wilkins
The latest company to come under fire for fraud is none other than Wells Fargo, one of the nation’s most respected banks. [read post]
28 Sep 2016, 9:36 am by David Cosgrove
Wells Fargo Advisors, LLC and Fulcrum Securities, LLC were ordered to pay $470,000 to investors for their failure to oversee Christopher Cunningham of Virginia, who defrauded elderly clients in a Ponzi scheme. [read post]
28 Sep 2016, 5:58 am by Staci Zaretsky
[WSJ Law Blog] * Wells Fargo CEO John Stumpf will forfeit $41 million in bonus and stock awards in the wake of the lender's sham accounts scandal. [read post]
28 Sep 2016, 5:35 am by Megan Geuss
(credit: FotoGuy 49057) On Tuesday evening, Wells Fargo announced that the bank’s CEO, John Stumpf, would forfeit $41 million in uninvested equity and forego his salary in the wake of a scandal that has hurt the bank’s reputation. [read post]