wells fargo

A Tale of Two Banks
A Tale of Two Banks
April 14, 2017  |  Banking

Strength for JPMorgan and weakness for Wells, but with, maybe, a green shoot? Fortunes and earnings varied, but digital made inroads at both.

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Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
Wells Fizzles, Lyft Sizzles And Samsung Snatches A Sizzle From A Fizzle
April 14, 2017  |  Sizzle/Fizzle

How to construct a payments platypus of sorts — you know, a mish-mosh of opposites that may not on the surface dovetail well but still...

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Bitcoin Exchange Sues Wells Fargo
Bitcoin Exchange Sues Wells Fargo
April 12, 2017  |  Bitcoin

A bitcoin exchange has filed suit against Wells Fargo after the U.S. bank limited its ability to move funds globally. Hong Kong-based exchange Bitfinex filed...

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Wells Fargo Claws Back Another $75M
Wells Fargo Claws Back Another $75M
April 11, 2017  |  Legal

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing...

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What Went Wrong At Wells
What Went Wrong At Wells
April 11, 2017  |  Banking

Despite the fact that banking scandals and large fines handed down by the CFPB have become something of a de rigueur part of life for...

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Looking Ahead At Bank Earnings Season
Looking Ahead At Bank Earnings Season
April 10, 2017  |  Investments

The biggest of the big banks are slated to report earnings beginning this week. The results may be tepid, which, as Reuters noted, can be...

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$75M In Additional Clawbacks From Wells Fargo Execs on Sales Practices
$75M In Additional Clawbacks From Wells Fargo Execs on Sales Practices
April 10, 2017  |  Investments

An additional $75 million in executive pay has been clawed back from two past executives as part of the ongoing fallout from investigations into sales...

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Regulators Give Wells Fargo’s Top Examiner The Boot
Regulators Give Wells Fargo’s Top Examiner The Boot
April 10, 2017  |  Regulation

The lead regulator for U.S. banks, the Office of the Comptroller of the Currency, removed Wells Fargo’s most senior bank examiner, people familiar with the...

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Wells Fargo’s Board Has Big Problems With ISS Recommendation
Wells Fargo’s Board Has Big Problems With ISS Recommendation
April 10, 2017  |  Security & Fraud

Wells Fargo’s Board of Directors issued a statement late last week taking issue with proxy advisory firm Institutional Shareholder Services (ISS) recommendation to vote against...

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