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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

Wells Fargo CEO defends leadership in heated Senate appearance

(Reuters) - U.S. senators grilled Wells Fargo & Co Chief Executive Tim Sloan on Tuesday about what he had done to change the bank's culture after a sales practices scandal erupted last year, with one senior Democratic lawmaker calling for his ouster......»»

Category: topSource: reutersOct 3rd, 2017

A Timeline of Wells Fargo"s Sales Scandal

This timeline charts the most significant events in the sales scandal that erupted at Wells Fargo last year......»»

Category: topSource: foxnewsSep 24th, 2017

​CBJ Morning Buzz: Wells Fargo"s latest nightmare; Siskey estate under contract; Nucor CEO decries "trade war"

In local news: It may be an understatement to say the past year for Wells Fargo & Co. has been a rough one. Just as the bank is beginning to recover from the sham-accounts scandal that erupted in September, news has surfaced that the company acciden.....»»

Category: topSource: bizjournalsJul 25th, 2017

Wells Fargo Lost 'Tens of Millions' in Muni and State Deals After Scandal - Bloomberg

BloombergWells Fargo Lost 'Tens of Millions' in Muni and State Deals After ScandalBloombergWells Fargo & Co. has lost “tens of millions of dollars” in revenue f.....»»

Category: topSource: googlenewsJul 16th, 2017

Wells Fargo says issuing fewer customer stats helps staff focus

Wells Fargo & Co. is no longer releasing the customer account figures it started disclosing after a scandal in September erupted over employees creating fake accounts to reach sales goals......»»

Category: topSource: moneycentralJul 14th, 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