PYMNTS-MonitorEdge-May-2024

tim sloan

Wells’ Woes Seep Into investment Banking
Wells’ Woes Seep Into investment Banking
October 20, 2017  |  Personnel

More bad news for Wells Fargo: The financial institution has fired four foreign exchange (Forex) bankers following an investigation into that business by both the...

READ MORE >
Wells Fargo CEO Bullish On The Future
Wells Fargo CEO Bullish On The Future
October 19, 2017  |  Security & Fraud

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. In an interview...

READ MORE >
Wells Fargo Rehires Workers Fired In Fake Account Scandal
Wells Fargo Rehires Workers Fired In Fake Account Scandal
October 03, 2017  |  Security & Fraud

Wells Fargo, the embattled bank still reeling in the wake of a fake account scandal, has reportedly brought back more than 1,000 former employees, Reuters...

READ MORE >
Senate Committee Eyes Wells Fargo Scandals’ Potential Impact On SMBs
Senate Committee Eyes Wells Fargo Scandals’ Potential Impact On SMBs
September 27, 2017  |  B2B Payments

U.S. Senators have begun pressing Wells Fargo to explore whether the fake account scandal impacted small businesses as well as individual consumers, according to Small Biz...

READ MORE >
Wells Fargo CEO To Appear Before Congress
Wells Fargo CEO To Appear Before Congress
September 22, 2017  |  Security & Fraud

Wells Fargo, the embattled bank, will have its Chief Executive Tim Sloan testify in front of Congress early next month. According to a report in...

READ MORE >
Wells Fargo Finds 1.4M Fake Accounts Bringing Total To 3.5M
Wells Fargo Finds 1.4M Fake Accounts Bringing Total To 3.5M
September 01, 2017  |  Bank Regulation

Wells Fargo revealed Thursday (Aug. 31) that the fake account scandal that has plagued the company  affected 67 percent more customers than previously reported. In...

READ MORE >
Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
Wells Fargo CEO Shares Update On Remediation Process After Account Scandal
August 23, 2017  |  Banking

Wells Fargo CEO Tim Sloan sent a companywide message to address team member questions regarding the ongoing remediation process and warn employees to brace for...

READ MORE >
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

READ MORE >
Wells Fargo Could Add $200M+ To Legal Bill
Wells Fargo Could Add $200M+ To Legal Bill
May 08, 2017  |  Legal

Wells Fargo is still facing heat from last year’s fraudulent accounts scandal, as lawsuits against the financial firm are reportedly piling up. In the financial...

READ MORE >