California, with the signature of Governor Jerry Brown, has officially passed a law that will make it easier for consumers to sue banks alleged to have created fraudulent accounts in their names. The legislation was inspired by the ongoing soap opera that is Wells Fargo....
Wells Fargo has a new challenge on its hands now that the fake account scandal seems to be behind the bank: growing again. That’s according to a report in the Wall Street Journal that reported the bank has been in cost-cutting mode for nearly nine months...
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...
December 20, 2017
Wells Fargo has announced that Mary Mack will lead its consumer lending unit. According to The Wall Street Journal, this new role will be in addition to Mack’s current role overseeing the retail bank. She replaces Franklin Codel, who was fired in November for critical comments he made about regulators to a former employee. The […]
October 05, 2017
California, with the signature of Governor Jerry Brown, has officially passed a law that will make it easier for consumers to sue banks alleged to have created fraudulent accounts in...
June 09, 2017
Wells Fargo has a new challenge on its hands now that the fake account scandal seems to be behind the bank: growing again. That’s according to a report in the...
