In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
An curved arrow pointing right. Wells Fargo CEO John Stumpf is retiring, effective immediately. He'll be replaced by Tim Sloan, who has been with the bank for over 25 years. Stumpf has recently ...
AP John Stumpf, head of Wells Fargo, should be glad the legal principles the U.S. Supreme Court imposed on Japanese general Tomoyuki Yamashita don’t cover banking. Else Stumpf’s goose would be ...
John Stumpf became Chairman for Wells Fargo & Company in January 2010. He was named Chief Executive Officer in June 2007, elected to Wells Fargo s Board of Directors in June 2006, and has been ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for ... including former CEO John Stumpf, a total of $43.2 million. Banking scandals:TD Bank ...
Wells Fargo remains in the middle of a multiyear ... and is still under an unprecedented asset cap from the Fed. Under CEO John Stumpf, the bank did a poor job of maintaining a proper sales ...
Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and ...
That included former CEO John Stumpf, who was ordered to pay $17.5 million. In May 2023, Wells Fargo was settling a class-action lawsuit from shareholders for $1 billion over claims the bank ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...