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Two Wells Fargo board members resign ahead of congressional hearings
Two directors on Wells Fargo & Co's (NYSE: WFC) board have resigned, the bank said Monday morning. Chairwoman Elizabeth "Betsy" Duke and James Quigley stepped down, effective Sunday. Both were set to appear before the House Financial Services Comm.....»»
Wells Fargo board members resign ahead of Congressional hearings
Two directors on Wells Fargo & Co's board have resigned, the company said Monday. Chairwoman Elizabeth "Betsy" Duke and James Quigley stepped down, effective Sunday. Both were set to appear before the House Financial Services Committee in Washing.....»»
Wells Fargo: Elizabeth Duke, James Quigley resign from board of directors
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Senior US lawmaker to seek testimony of Wells Fargo"s board
A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday......»»
Senior U.S. lawmaker to seek testimony of Wells Fargo"s board
Wells Fargo's board of directors will be called to testify before Congress about the bank's numerous scandals sometime in 2020, a senior U.S. House lawmaker told Reuters Thursday......»»
Well Fargo raises dividend
Wells Fargo & Co. said late Tuesday its board of directors approved a 13% dividend increase to 51 cents a share, payable Sept. 1 to stockholders of record Aug. 9. The board also increased the bank's stock buyback program by an additional 350 millio.....»»
Wells Fargo names former BofA CFO Noski to board of directors
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Wells Fargo adds former Bank of America executive to board
Wells Fargo & Co said on Wednesday the bank's board of directors had elected former Bank of America Corp executive Charles Noski to join the board......»»
All Wells Fargo directors elected as hecklers call executives "frauds"
Wells Fargo & Co shareholders voted to elect all of the company-nominated directors during a rowdy meeting on Tuesday in which more than a dozen attendees were kicked out for heckling executives and board members......»»
All Wells Fargo directors elected at rowdy shareholder meeting
Wells Fargo & Co shareholders voted to elect all of the company-nominated directors during a rowdy meeting on Tuesday in which more than a dozen attendees were kicked out for heckling executives and board members......»»
US urged Wells Fargo to investigate its 401(k) tactics
More trouble for Wells Fargo: The federal government has urged the embattled bank's board of directors to investigate its 401(k) practices......»»
US government urged Wells Fargo to probe its 401(k) tactics
Wells Fargo is in even more trouble: The federal government has urged the embattled bank's board of directors to investigate its 401(k) practices......»»
What the Wells Fargo order means for banks and their directors
For those who follow such things, the press release, consent cease-and-desist order and official letters of reprimand published by the Federal Reserve Board on Feb. 2, 2018, with respect to Wells Fargo & Company (Wells) and named directors (combine.....»»
"Ultimately, Elizabeth made the decisions": A look inside Theranos" ineffective board
The bevy of luminaries on Theranos Inc.'s board were advisers, rather than traditional directors with fiduciary and oversight responsibilities, according to testimony by Wells Fargo & Co.'s former CEO and chairman in an investor lawsuit centered on th.....»»
Wells Fargo CEO Charlie Scharf takes big pay cut in rough year
When it comes to pay packages, the bank's board set aside 2020 performance goals that were set before the pandemic slammed the nation's economy......»»
Cramer Shares His Thoughts On Wells Fargo, Caterpillar And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said he believes in Charlie Scharf, the CEO of Wells Fargo & Co (NYSE: WFC). (The Federal Reserve Board gave banks the greenlight to restart read more.....»»
Alarm bells ring for Bay Area economy as coronavirus looms
"In the Bay Area, the tide comes in higher, so you have more people swimming naked as they’re leasing space and hiring a lot of employees," a Wells Fargo economist said, in reference to a famous Warren Buffett quote......»»
Wells Fargo board members resign after scathing House report
The resignations of Duke and another board member, James Quigley, are just the latest fallout from the bank's failed three year effort to repair its relationship with lawmakers and regulators after a series of consumer abuses......»»
House committee chair calls on two Wells Fargo board members to resign
A report by the House Financial Services Committee found that the bank’s regulators were aware of its problems for years before acting......»»
House committee chair calls on 2 Wells Fargo board members to resign
A report by the House Financial Services Committee found that the bank’s regulators were aware of its problems for years before acting......»»