Accounts Scandal news and trends

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

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 those who work in financial services over the last several years, Wells Fargo certainly managed to turn some heads last...

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Wells Fargo Could Add $200M+ To Legal Bill

May 08, 2017
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 company’s quarterly filing released late last week, Wells reported that it expects that losses from legal actions could exceed provisions by an estimated $2 billion, up from the $1.8 billion […]