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Fifth Third Bank is facing similar allegations to Wells Fargo"s accounts scandal
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Wells Fargo to pay $3 bln for fake accounts
Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement......»»
Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal
The settlement addresses systemic consumer abuses sparked by the bank’s admission in 2016 that it had opened millions of fake accounts customers didn’t want......»»
Wells Fargo to pay $3 billion to U.S., admits pressuring workers in fake-accounts scandal
Wells Fargo & Co .....»»
Wells Fargo agrees to $3B settlement in fake accounts case
The DOJ slapped the bank over its fake account scandal......»»
Wells Fargo nears SEC, DOJ settlement over fake-accounts scandal
The settlement is the latest of several fines and penalties against the San Francisco-based bank since it admitted in 2016 that it had opened millions of accounts customers didn’t request......»»
Wells Fargo CEO Scharf unveils massive business restructure
Wells Fargo & Co. CEO Charles Scharf is making moves as he tries to rid the San Francisco-based bank of ongoing problems since its fake-accounts scandal emerged in 2016. Scharf is splitting the bank's organizational structure into five parts: Cons.....»»
Wells Fargo announces major restructuring, splitting bank into five units, each with own CEO
Wells Fargo & Co. CEO Charles Scharf is making moves as he tries to rid the San Francisco-based bank of ongoing problems since its fake-accounts scandal emerged in 2016. Scharf is splitting the bank's organizational structure into five parts: Cons.....»»
Wells Fargo accounts scandal was worse than you can imagine
One useful rule of thumb when it comes to business scandals is that they often seem to get worse after the initial disclosures, even after a string .....»»
That Wells Fargo accounts scandal was even worse than you can imagine
One useful rule of thumb when it comes to business scandals is that they often seem to get worse after the initial disclosures, even after a string .....»»
Column: That Wells Fargo accounts scandal was even worse than you can imagine
New government charges reveal how bad the Wells Fargo scandal really was. New government charges reveal how bad the Wells Fargo scandal really was......»»
Ex-Wells Fargo CEO banned from banking, must pay $17.5M fine for role in fake-accounts scandal
The former CEO of Wells Fargo can never work for a bank again and must pay a $17.5 million fine for his role in the bank's .....»»
Ex-Wells Execs Hit With $59MM In Fines Over Fake Account Scandal; Stumpf Barred For Life
Ex-Wells Execs Hit With $59MM In Fines Over Fake Account Scandal; Stumpf Barred For Life Nearly four years after Wells Fargo's reputation was terminally crushed by the humiliating fake accounts scandal, the punishment for Warren B.....»»
Former Wells Fargo senior executives reportedly under criminal investigation
Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»
Former Wells Fargo senior executives under criminal investigation: Report
Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»
Wells Fargo former interim CEO Parker steps down as general counsel
Wells Fargo & Co said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year......»»
Incoming Wells Fargo CEO: "I certainly didn"t anticipate this opportunity coming along"
Incoming Wells Fargo & Co. CEO Charles Scharf has a long road ahead to fix the bank's regulatory woes, stemming from a scandal where up to 3.5 million unauthorized accounts were uncovered in late 2016, but he remains bullish on the outcome of that .....»»
Incoming Wells Fargo CEO has plenty of work ahead as the big bank looks to fix its image
Incoming Wells Fargo & Co. (NYSE: WFC) CEO Charles Scharf has a long road ahead to fix the bank's regulatory woes, stemming from a scandal where up to 3.5 million unauthorized accounts were uncovered in late 2016, but he remains bullish on the out.....»»
Wells Fargo CEO Tim Sloan steps down
Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal......»»
Wells Fargo CEO got 5% pay raise to $18.4 million for 2018
Charged with cleaning up the fake-accounts scandal that claimed his predecessor, Sloan has struggled to satisfy regulators' demands to overhaul the sprawling institution......»»