Wells Fargo must guarantee full compensation and credit history repairs for an estimated 2.73 million victims of its sham accounts scandal before a judge will approve a proposed $142 million ...
Wells Fargo’s key regulator said it had closed the 2016 consent order placed on the bank for opening fake accounts, the subject of a yearslong scandal. The Office of the Comptroller of the ...
I did not think that the Wells Fargo fraudulent accounts scandal could get worse for the bank. Boy was I wrong. Last week, in a Press Release, the Department of Justice (DOJ) announced a that ...
Wells Fargo, Chase and Bank of America were sued by the Consumer Financial Protection Bureau over alleged widespread fraud on ...
Wells Fargo said Thursday one of its primary regulators lifted a key penalty from its 2016 fake accounts scandal. The bank said in a release that the Office of the Comptroller of the Currency ...
The conduct management intake department at Wells Fargo was created after a scandal that erupted in ... millions of fake deposit and checking accounts, and often transferred funds from consumers ...
Wells Fargo CEO Charlie Scharf expressed more confidence on Wednesday in the bank's progress to fix compliance problems after ...
As the bank’s chief security officer, Michael Bacon spent years raising concerns about rampant sales abuses. In exclusive interviews, he details how the bogus-accounts scandal unfolded — and argues ...
Both companies have made efforts to improving their blue sheet data reporting by hiring more personnel, implementing new ...
The SEC orders find that Wells Fargo and LPL violated federal securities laws' broker-dealer record-keeping and reporting provisions. Wells Fargo and LPL each admitted the findings in the respective ...
Wells Fargo’s CEO Charlie Scharf expressed confidence in the bank's progress to fix compliance problems following its years-long fake accounts scandal, detailing its efforts to implement risk ...