wells fargo

House Of Reps Wants At Wells Fargo CEO John Stumpf Over Fake Accounts
House Of Reps Wants At Wells Fargo CEO John Stumpf Over Fake Accounts
September 19, 2016  |  Banking

Wells Fargo Chief Executive John Stumpf’s job could be in trouble due to the fake accounts scandal that is plaguing the company. According to a...

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For CFPB, Win A Battle, Lose The War?
For CFPB, Win A Battle, Lose The War?
September 16, 2016  |  CFPB

The Consumer Financial Protection Bureau will not be able to spend much time savoring its victory against Wells Fargo and the huge $185 million settlement...

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Feds To Open Probe Over Wells Fargo Sales Shenanigans
Feds To Open Probe Over Wells Fargo Sales Shenanigans
September 15, 2016  |  Banking

The Wall Street Journal reported on Wednesday (Sept. 14) that federal prosecutors are just underway in the earliest stages of an investigation into the sham customer...

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Retail’s Ups And Downs: Amazon Pop-Ups, John Lennon And The iPhone 7
Retail’s Ups And Downs: Amazon Pop-Ups, John Lennon And The iPhone 7
September 14, 2016  |  Retail

Bankrupt and beleaguered international shipping giant Hanjin Shipping Co. finally got some good news this week. The South Korean shipping company, which handles about 7.8...

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Wells CEO Says He’s Sticking Around
Wells CEO Says He’s Sticking Around
September 14, 2016  |  Banking

In the midst of swirling controversy tied to sham accounts at Wells Fargo, CEO John Stumpf has said he intends to keep his position at...

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Wells Fargo Actions Could Cause Headaches For Big Banks
Wells Fargo Actions Could Cause Headaches For Big Banks
September 14, 2016  |  Banking

Wells Fargo, which is coming under intense fire for the widespread practice of opening fake accounts to meet sales goals, could be part of a...

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Wells Fargo CFO Blames Fake Account Openings On Underperformers
Wells Fargo CFO Blames Fake Account Openings On Underperformers
September 14, 2016  |  Banking

Wells Fargo may be facing the largest fine ever levied by the Consumer Financial Protection Bureau after it was revealed employees opened up thousands of...

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Following Scandal, Wells Fargo Nixes Retail Banking Sales Goals
Following Scandal, Wells Fargo Nixes Retail Banking Sales Goals
September 13, 2016  |  Banking

Wells Fargo may not have explicitly admitted wrongdoing in the creation and use of sham accounts tied to client activity, but the firm announced on...

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Why Wells Fargo’s Fake Accounts Didn’t Pay Off
Why Wells Fargo’s Fake Accounts Didn’t Pay Off
September 13, 2016  |  Banking

Wells Fargo recently found itself in hot water for creating bogus bank accounts for its customers and now has to pay a $185 million fine...

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