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Wells Fargo Card Requests Drop by Most Since Scandal Erupted - Bloomberg

BloombergWells Fargo Card Requests Drop by Most Since Scandal EruptedBloombergWells Fargo & Co. said credit-card applications dropped 55 percent in February from.....»»

Category: topSource: googlenewsMar 20th, 2017

The Wall Street Journal: Wells Fargo sees huge drop in new accounts since scandal

Wells Fargo & Co. said Monday that its customer checking-account and credit-card openings fell drastically in February versus a year earlier, a continuing trend for the bank following last year’s sales-practices scandal......»»

Category: topSource: marketwatchMar 20th, 2017

Credit card applications drop at Wells Fargo in February

Wells Fargo & Co (WFC.N) saw a drop in consumers opening checking and credit card accounts in February, the bank said on Monday, marking the sixth straight month of decline since a sales scandal rocked the bank last year......»»

Category: topSource: moneycentralMar 20th, 2017

Credit card applications drop at Wells Fargo in February

NEW YORK (Reuters) - Wells Fargo & Co saw a drop in consumers opening checking and credit card accounts in February, the bank said on Monday, marking the sixth straight month of decline since a sales scandal rocked the bank last year......»»

Category: topSource: reutersMar 20th, 2017

5 lessons from the report analyzing Wells Fargo"s credit card scandal

On April 10, the directors of the Wells Fargo board independent oversight committee issued their 111-page report on the scandal that has engulfed the bank. The report was prepared by the law firm Shearman & Sterling LLP. The scandal went public when W.....»»

Category: topSource: bizjournalsApr 25th, 2017

Wells Fargo"s Earnings Continue to Suffer After Last Year"s Fake-Account Scandal

The California-based bank may be the only big bank to report a drop in first-quarter profits......»»

Category: topSource: foxnewsApr 13th, 2017

Wells Fargo Rehires About 1000 Staff in Wake of Account Scandal - Bloomberg

BloombergWells Fargo Rehires About 1000 Staff in Wake of Account ScandalBloombergWells Fargo & Co., accused of ousting branch workers who struggled to reach untenable sales targets or objected to burgeoning .....»»

Category: topSource: googlenewsApr 10th, 2017

Wells Fargo banks on new ad campaign to regain customer trust

Wells Fargo & Co will launch a new multi-channel ad campaign, its chief executive said on Tuesday, in a further sign of the bank's efforts to regain trust after a sales scandal last year caused a sharp drop in account openings......»»

Category: topSource: moneycentralMar 21st, 2017

Wells Fargo banks on new ad campaign to regain customer trust

NEW YORK (Reuters) - Wells Fargo & Co will launch a new multi-channel ad campaign, its chief executive said on Tuesday, in a further sign of the bank's efforts to regain trust after a sales scandal last year caused a sharp drop in account openings......»»

Category: topSource: reutersMar 21st, 2017

Wells Fargo's CEO Tries to Move Past Scandal With Ad Campaign - Bloomberg

BloombergWells Fargo's CEO Tries to Move Past Scandal With Ad CampaignBloombergWells Fargo & Co. is seeking to shift attention away from a scandal in its retail unit and toward the ways it's enhancing service .....»»

Category: topSource: googlenewsMar 21st, 2017

Fed's Dudley Says Wells Fargo Shows Bank Culture Needs Improving - Bloomberg

Los Angeles TimesFed's Dudley Says Wells Fargo Shows Bank Culture Needs ImprovingBloombergThe scandal involving Wells Fargo & Co. that surfaced last year shows the U.S. banking industry s.....»»

Category: topSource: googlenewsMar 21st, 2017

Wells Fargo Credit Card Applications Plunge 55% Amid Account Scandal

San Francisco-based bank Wells Fargo & Co. (WFC) is still struggling to recover from their scandal over bogus accounts. The bank's February performance report unveils overa.....»»

Category: topSource: zacksMar 20th, 2017

Wells Fargo Credit Card Applications Plunge 55% Amid Account Scandal

Zacks.....»»

Category: topSource: redinewsMar 20th, 2017

Wells Fargo Warns a Deeper Review May Uncover More Bogus Accounts - Bloomberg

BloombergWells Fargo Warns a Deeper Review May Uncover More Bogus AccountsBloombergWells Fargo & Co., seeking to resolve a bogus-account scandal that shook .....»»

Category: topSource: googlenewsMar 1st, 2017

Wells Fargo Has Fired 4 Senior Executives for Their Role in the Sales Scandal

It's the first firing of high-ranking employees since the scandal erupted in September Wells Fargo fired four senior executives on Tuesday as part of an ongoing probe into the bank’s sales-practices scandal that made headlines last.....»»

Category: topSource: timeFeb 22nd, 2017

Wells Fargo Fires Managers, Denies Bonuses in Account Probe - Bloomberg

CBS LocalWells Fargo Fires Managers, Denies Bonuses in Account ProbeBloombergWells Fargo & Co. fired the head of its consumer credit-card business and three other senior managers as the bank's board examines how abusive.....»»

Category: topSource: googlenewsFeb 21st, 2017

Wells Fargo Fires Four Retail Executives Over Accounts Scandal - Bloomberg

BloombergWells Fargo Fires Four Retail Executives Over Accounts ScandalBloombergWells Fargo & Co. fired its consumer credit solutions head and three other senior managers for acti.....»»

Category: topSource: googlenewsFeb 21st, 2017

Wells Fargo profits continue to drag after accounts scandal

Wells Fargo & Co, the third-largest U.S. bank by assets, reported its fifth straight drop in quarterly profit on Friday as it works to recover from a bogus-accounts scandal......»»

Category: topSource: moneycentralJan 13th, 2017

Wells Fargo Struggling in Aftermath of Fraud Scandal

New credit card applications were down 43 percent in the fourth quarter of 2016, the bank said, and new checking account openings fell 40 percent......»»

Category: dealsSource: nytJan 13th, 2017

Wells Fargo quarterly earnings fall in wake of bogus-accounts scandal

Wells Fargo & Co. on Friday reported a 6% drop in f.....»»

Category: topSource: latimesJan 13th, 2017

Wells Fargo scandal spreads to Prudential

It may not have just been fake bank and credit card accounts. Now there are allegations that Wells Fargo customers were sold Prudential insurance products they didn't want......»»

Category: europeSource: cnnDec 12th, 2016