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Wells Fargo Struggles to Keep Its Scandals in the Past

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wells Fargo is still w.....»»

Category: topSource: investorplaceMar 14th, 2020

Wells Fargo CEO Tim Sloan steps down as bank struggles to get past scandals

Wells Fargo & Co.’s embattled chief executive, T.....»»

Category: topSource: latimesMar 28th, 2019

Wells Fargo CEO Tim Sloan is retiring as bank struggles to get past scandals

Wells Fargo & Co.’s embattled chief executive, T.....»»

Category: topSource: latimesMar 28th, 2019

Wells Fargo CEO Tim Sloan is retiring as bank struggles to get past consumer abuse scandals

Wells Fargo & Co.’s embattled chief executive, T.....»»

Category: topSource: latimesMar 28th, 2019

Wells Fargo CEO draws bipartisan ire in Congress hearing

Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday......»»

Category: topSource: reutersMar 12th, 2019

CEO Sloan pitches Wells Fargo turnaround to bank critics in Congress

Wells Fargo & Co Chief Executive Tim Sloan, who has been campaigning to prove his bank has moved past its scandals, appeared in Congress on Tuesday before newly empowered Democratic lawmakers who are taking aim at Wall Street......»»

Category: topSource: reutersMar 12th, 2019

Wells Fargo Announces 10% Staff Cuts As CEO Struggles To Impress Analysts

As hopes for a steeper yield curve have lifted bank stocks, Wells Fargo CEO Tim Sloan is apparently trying to bolster Wells' lagging share price as the numerous scandals that have tarnished the banks credi.....»»

Category: blogSource: zerohedgeSep 21st, 2018

Wells Fargo"s "Smart" New Plan for Advisors

Opening RIA offices could help the business retain advisors, attract clients and brighten a narrative that has been darkened by scandals over the past two years.....»»

Category: topSource: barronsDec 12th, 2018

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

Longtime banking analyst Dick Bove says Wells Fargo"s struggles aren"t limited to PPP

Banking analyst Dick Bove said Wells Fargo is "two steps behind" its rivals in grappling with industry challenges......»»

Category: topSource: bizjournalsApr 15th, 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

Bulls And Bears Of The Week: Apple, GE, Walmart, Wells Fargo And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included coronavirus picks and a homebuilder. Bearish calls included a top bank, a top retailer and a cannabis stock. read more.....»»

Category: blogSource: benzingaMar 7th, 2020

Coronavirus fears batter bank stocks by creating cheap credit

The KBW Bank Index, which includes JPMorgan Chase, Bank of America, Wells Fargo and 21 other banking stocks such as regional giant Truist, has plunged by more than 22 percent over the past two weeks -- twice the decline of the S&P 500......»»

Category: topSource: foxnewsMar 7th, 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 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 .....»»

Category: topSource: moneycentralJan 29th, 2020

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 .....»»

Category: topSource: moneycentralJan 29th, 2020

Ex-Wells Fargo bosses face $59M in fines

Eight former Wells Fargo & Co. executives are facing almost $59 million in fines and bans from the U.S. banking industry over their roles in the firm’s scandals as regulators show more appetite to go... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 26th, 2020

Pinterest stock rallies again after Wells Fargo upgrade

Shares of Pinterest Inc. have had a strong week, rising 17% over the past three trading sessions, and the rally looks poised to continue after an upgrade to overweight from equal weight by Wells Fargo analyst Brian Fitzgera.....»»

Category: topSource: marketwatchJan 17th, 2020

Wells Fargo Burned Again by Past Misdeeds

Wells Fargo released a disappointing fourth-quarter earnings report before the opening bell on Tuesday, made worse by litigation accruals......»»

Category: blogSource: 247wallstJan 14th, 2020