bank scandal

OCC Will Vet Wells Fargo’s Next CEO
OCC Will Vet Wells Fargo’s Next CEO
May 15, 2019  |  Regulation

The U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo...

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Wells Fargo Hires Headhunter For CEO Search
Wells Fargo Hires Headhunter For CEO Search
April 26, 2019  |  Personnel

Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can...

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Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
Danske Bank Whistleblower Implicates Major EU Bank, US Lenders
November 19, 2018  |  Security & Fraud

Danske Bank whistleblower Howard Wilkinson, speaking during a public hearing at the Danish parliament Monday (Nov. 19), contended that a major European bank helped to...

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UK To Allow More SMBs To File Bank Complaints
UK To Allow More SMBs To File Bank Complaints
October 16, 2018  |  B2B Payments

The U.K. government is broadening the ability of small businesses (SMBs) to lodge complaints against their banks, according to Financial Times reports Tuesday (Oct. 16)....

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Danske Officials Knew About Estonian Branch Woes Earlier Than Indicated
Danske Officials Knew About Estonian Branch Woes Earlier Than Indicated
September 18, 2018  |  Security & Fraud

Danske Bank officials were aware of problems at its Estonian branch earlier than they indicated, reported The Wall Street Journal. According to the report, citing...

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Danske Bank Launches Inquiry Into $150B In Money Flows
Danske Bank Launches Inquiry Into $150B In Money Flows
September 10, 2018  |  Security & Fraud

Danske Bank, Denmark’s largest bank, has launched an inquiry to see if companies with ties to Russia are laundering money through the bank. The Wall...

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Wells Fargo Refunding Customers For Add-On Products
Wells Fargo Refunding Customers For Add-On Products
July 19, 2018  |  Banking

Wells Fargo, the embattled national bank, is reportedly refunding tens of millions of dollars for a range of products, including pet insurance and legal services....

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Wells Fargo Discloses Lawsuits Over Scandals
Wells Fargo Discloses Lawsuits Over Scandals
November 06, 2017  |  Legal

Wells Fargo, the embattled bank, disclosed in a regulatory filing that it is facing lawsuits over scandals in its auto lending and mortgage units. In...

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