We are increasing our fair value estimate for Wells Fargo to $65 per share from $60 per share after incorporating the latest results. This fair value estimate is equivalent to 1.6 times the reported ...
In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed ... included six months of home confinement. Meanwhile, John Stumpf, the bank’s chairman and chief executive at the ...
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In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake accounts scandal.
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 ...
Also that year, 11 former Wells Fargo senior executives were charged by the comptroller’s office. Eight settled paying over $43 million in civil penalties, including former CEO John Stumpf who ...
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 ...
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