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 Trends reports. The publication noted Tuesday (Sept. 26) that Senator Jeanne Shaheen (D-NH) had sent a letter to Wells Fargo...
Arguing that committing a massive fraud that creates millions of phony consumer accounts should not be the sort of thing that banking executives should be allowed to get rich doing, lawmakers are beginning to ask Wells Fargo CEO John Stumpf some tough questions about just what...
The Wells Fargo wagon is a-comin’ down the street…and the Consumer Financial Protection Bureau expects it to contain $24 million, just for them. That would be the bank’s share of the civil responsibility in a proposed $35.7 million penalty filed in federal court yesterday by...
September 16, 2016
Arguing that committing a massive fraud that creates millions of phony consumer accounts should not be the sort of thing that banking executives should be allowed to get rich doing, lawmakers are beginning to ask Wells Fargo CEO John Stumpf some tough questions about just what exactly it intends to do about all those executives it […]
January 23, 2015
The Wells Fargo wagon is a-comin’ down the street…and the Consumer Financial Protection Bureau expects it to contain $24 million, just for them. That would be the bank’s share of...
