Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...
(Reuters) -Wells Fargo's profit beat expectations in the fourth ... year effort to fix compliance problems from a fake accounts scandal that erupted in 2016. The Fed imposed a $1.95 trillion ...
The fine was reduced from an initial $25 million. Tolstedt was fired retroactively with cause by Wells Fargo shortly after the scandal erupted publicly in September 2016. The OCC has said ...
(Reuters) -Wells Fargo's profit beat expectations in the fourth ... year effort to fix compliance problems from a fake accounts scandal that erupted in 2016. The Fed imposed a $1.95 trillion ...
3M (NYSE:MMM) on Wednesday was upgraded to Overweight from a previous investment rating of Equal Weight by analysts at financial-services firm Wells Fargo ... to boost profit margins and ...
Still overshadowing Wells Fargo is the $1.9 trillion asset cap ordered by the Federal Reserve in February 2018 related to its fraudulent customer account scandal that erupted in September 2016.