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Wells Fargo blasted by shareholders for series of abuses

Angry shareholders slammed Wells Fargo on Tuesday for abusing customers and tarnishing its reputation......»»

Category: topSource: moneyApr 24th, 2018

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......»»

Category: personnelSource: nytMar 9th, 2020

Wells Fargo faces shareholders in Des Moines on Tuesday in wake of record $1 billion penalty

Embattled Wells Fargo is tightening oversight after revelations of consumer abuses, but will shareholders think it's enough at an.....»»

Category: topSource: usatodayApr 23rd, 2018

: Citigroup, Wells Fargo, Bank of America urge shareholders to vote against racial-equity audits

Three of the nation's biggest banks are asking shareholders to reject racial-equity resolutions after they expressed solidarity with the Black Lives Matter movement last year......»»

Category: topSource: marketwatchMar 18th, 2021

Michaels deal with Apollo Global "a win for shareholders," says Wells Fargo

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.....»»

Category: blogSource: theflyonthewallMar 3rd, 2021

Truist, Wells Fargo, BofA allowed share buybacks following second round of Federal Reserve stress tests

The Fed is limiting dividends and share buybacks in the first quarter based on a bank's income over the past year. Here's what that means for shareholders......»»

Category: topSource: bizjournalsDec 30th, 2020

Lawsuits claim banks shuffled stimulus loans for profit

In a series of class-action lawsuits filed in California and New York over the past week, Bank of America, Wells Fargo, U.S. Bank and JPMorgan .....»»

Category: topSource: moneycentralApr 24th, 2020

Wells Fargo"s Preferred Stock, Series P Shares Cross 5.5% Yield Mark

Preferred Stock Channel.....»»

Category: topSource: redinewsMar 12th, 2020

Wells Fargo"s Preferred Stock, Series N Yield Pushes Past 5.5%

Preferred Stock Channel.....»»

Category: topSource: redinewsMar 12th, 2020

Wells Fargo’s culture was ‘broken,’ new CEO tells lawmakers

Charles Scharf is the third Wells Fargo chief executive in three years to face questioning by Congress. The bank has struggled to recover from a series of consumer abuse scandals......»»

Category: smallbizSource: nytMar 10th, 2020

Wells Fargo"s Preferred Stock, Series Y Crosses Above 5.5% Yield Territory

Preferred Stock Channel.....»»

Category: topSource: redinewsMar 9th, 2020

Wells Fargo fined $35 million in SEC settlement over investment advice

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

Category: topSource: washpostFeb 27th, 2020

Wells Fargo & Co"s 7.50% Non-Cumulative Perpetual Convertible Class A Preferred Stock, Series L Goes Ex-Dividend Soon

Preferred Stock Channel.....»»

Category: topSource: redinewsFeb 25th, 2020

Ex-Div Reminder for Wells Fargo & Co"s Non-Cumulative Perpetual Class A Preferred Stock, Series T

Preferred Stock Channel.....»»

Category: topSource: redinewsFeb 25th, 2020

Cash Dividend On The Way From Wells Fargo & Co"s Non-Cumulative Perpetual Class A Preferred Stock, Series V

Preferred Stock Channel.....»»

Category: topSource: redinewsFeb 25th, 2020

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......»»

Category: topSource: washpostFeb 21st, 2020

Wells Fargo Pays $3 Billion To Settle "Staggering Scope & Duration" Of Illicit Conduct

Wells Fargo Pays $3 Billion To Settle "Staggering Scope & Duration" Of Illicit Conduct Wells Fargo has agreed to pay $3 billion to settle U.S. investigations into more than a decade of widespread consumer abuses under a deal that lets.....»»

Category: blogSource: zerohedgeFeb 21st, 2020

Wells Fargo prepares to settle over sales practices abuses, NY Times reports

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.....»»

Category: blogSource: theflyonthewallFeb 21st, 2020

Wells Fargo Nears Deal Around $3 Billion to End Probes

Wells Fargo & Co. is poised to pay roughly $3 billion to settle federal investigations into a range of consumer abuses that were rampant at the bank for years, according to a person with direct knowledge of the matter......»»

Category: topSource: moneycentralFeb 21st, 2020

Wells Fargo"s Preferred Stock, Series Y Shares Cross 3% Yield Mark

Preferred Stock Channel.....»»

Category: topSource: redinewsDec 9th, 2019

Wells Fargo"s Preferred Stock, Series W Shares Cross 5.5% Yield Mark

Preferred Stock Channel.....»»

Category: topSource: redinewsNov 27th, 2019