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Wells Fargo still feeling impact of sales practices scandal

Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll.....»»

Category: topSource: abcnewsMar 20th, 2017

Wells Fargo"s profit flat as costs, mortgages weigh

(Reuters) - Wells Fargo & Co posted flat quarterly earnings on Thursday and warned its costs would remain elevated as the fallout from a sales practices scandal continues to impact the third-largest U.S. bank......»»

Category: topSource: reutersApr 13th, 2017

Wells Fargo"s profit flat, costs and mortgages weigh

(Reuters) - Wells Fargo & Co posted flat quarterly earnings on Thursday and warned its costs would remain elevated as the fallout from a sales practices scandal continues to impact the third-largest U.S. bank......»»

Category: topSource: reutersApr 13th, 2017

Wells Fargo: To Be Determined

Yes, Wells Fargo (WFC) beat earnings forecasts today, and yes, it discussed its sales practices--the ones that led to the resignation of CEO John Stumpf. The financial impact of the sales scandal, however, is still to be determined, says Evercore ISI anal.....»»

Category: blogSource: barronsOct 14th, 2016

Former Wells Fargo employees file lawsuit claiming retailiation over fake accounts scandal

Two former regional presidents have sued Wells Fargo & Co., claiming they were unfairly fired over the bank’s sales-practices scandal. Reuters reported that Reza and Marla Razzaghipour claimed they were terminated in retaliation for raising issues.....»»

Category: topSource: bizjournalsSep 6th, 2017

Wells Raises Tally of Unauthorized Accounts by 67%

Wells Fargo said around 3.5 million customer accounts were “potentially unauthorized” in its sales-practices scandal upon the completion of its review, up from the 2.1 million accounts previously announced......»»

Category: asiaSource: wsjSep 1st, 2017

Wells Fargo uncovers more fake accounts in drawn-out scandal

(Reuters) - Wells Fargo & Co hiked the tally of accounts that were potentially opened without customers' knowledge by over a million on Thursday after an expanded review of improper sales practices......»»

Category: topSource: business-standardAug 31st, 2017

The Wall Street Journal: Wells Fargo’s sales-scandal tally increases to about 3.5 million accounts

Wells Fargo & Co. said around 3.5 million customer accounts were “potentially unauthorized” in its sales-practices scandal upon the completion of its review, more than 1 million more than initially announced......»»

Category: topSource: marketwatchAug 31st, 2017

Wells Fargo changes board, names Duke chair in response to scandal

(Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chair Stephen Sanger next year, one of several changes announced on Tuesday in a board overhaul following a sales practices scandal......»»

Category: topSource: reutersAug 15th, 2017

Wells Fargo board chairman to retire, be replaced at year end

Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chairman Stephen Sanger next year, one of several changes announced on Tuesday in response to shareholder displeasure over the bank's sales practices scandal......»»

Category: topSource: moneycentralAug 15th, 2017

Wells Fargo board chairman to retire, be replaced at year end

(Reuters) - Wells Fargo & Co Vice Chair Betsy Duke will replace retiring Chairman Stephen Sanger next year, one of several changes announced on Tuesday in response to shareholder displeasure over the bank's sales practices scandal......»»

Category: topSource: reutersAug 15th, 2017

Wells Fargo Eyes Mortgage Fees and Identity Theft Insurance in Scandal

The bank's problematic sales practices may have gone further than expected. Wells Fargo & Co is examining whether it caused unnecessary financial harm to custo.....»»

Category: europeSource: fortuneAug 4th, 2017

Wells Fargo ordered to reinstate whistleblower, pay $577,500

Wells Fargo ordered to reinstate branch manager fired after trying to blow whistle on sales practices scandal.....»»

Category: topSource: abcnewsJul 21st, 2017

Wells Fargo planning more branch changes

Wells Fargo & Co. is planning a round of new branch changes to improve customer and employee relationships still damaged from the bank's sales-practices scandal last year......»»

Category: topSource: foxnewsJul 18th, 2017

Judge gives preliminary approval to Wells Fargo settlement

Wells Fargo has received preliminary approval to pay out $142 million to its customers who were impacted by the bank's sales practices scandal.....»»

Category: topSource: abcnewsJul 10th, 2017

Judge gives preliminary approval to Wells Fargo settlement

Wells Fargo has received preliminary approval to pay out $142 million to customers affected by the bank's sales practices scandal......»»

Category: topSource: foxnewsJul 10th, 2017

NYC becomes latest city to cut back on ties with Wells Fargo

New York City is cutting back its ties with Wells Fargo, making it the latest major city or state government to suspend its business relationship with the bank following its sales practices scandal......»»

Category: topSource: moneycentralMay 31st, 2017

NYC becomes latest city to cut back on ties with Wells Fargo

New York City is cutting back on its ties with Wells Fargo, making it the latest major city to do so following the bank's sales practices scandal.....»»

Category: topSource: abcnewsMay 31st, 2017

NYC becomes latest city to cut ties with Wells Fargo

New York City is suspending its ties with Wells Fargo, making it the latest major city to cut off the bank following its sales practices scandal.....»»

Category: topSource: abcnewsMay 31st, 2017

NYC becomes latest city to cut ties with Wells Fargo

New York City is suspending its ties with Wells Fargo, making it the latest major city to cut off the bank following its sales practices scandal......»»

Category: topSource: foxnewsMay 31st, 2017

Warren Buffett slams Wells Fargo"s handling of massive sales scandal

Illegal sales practices at Wells Fargo spanned at least 15 years......»»

Category: topSource: washpostMay 7th, 2017