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In emails, Wells Fargo executives griped about scrutiny, mulled using charity as leverage

March 05, 2020

WASHINGTON - Last year, Wells Fargo's then-interim chief executive, Allen Parker, thought he had struck a deal.

Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal

February 22, 2020

Wells Fargo on Friday agreed to pay $3 billion to settle potential federal criminal and civil charges that for more than a decade the bank's aggressive sales goals led to widespread consumer abuses, including millions of accounts opened without customers' consent.

Wells Fargo nears SEC, DOJ settlement over fake-accounts scandal

FRIDAY, FEBRUARY 21, 2020

Wells Fargo is nearing a settlement with federal authorities over accusations of widespread consumer abuses that have haunted the bank for more than three years, a person familiar with the discussions said.

Wells Fargo stock contrarians: Why some analysts still say 'buy'

THURSDAY, FEBRUARY 20, 2020

After more than three years of scandals and fallout at Wells Fargo & Co., a little improvement will go a long way. So says the small group of analysts who still recommend buying the stock.

Frozen Wells Fargo bonuses show a peril for bankers after crisis

THURSDAY, FEBRUARY 06, 2020

A new religion swept Wall Street after the 2008 crisis: Pay executives with stock, make them wait to collect it, and there will be fewer problems.

Ex-Wells Fargo leaders face $59 million in fines , bans from U.S. banking over scandals

THURSDAY, JANUARY 23, 2020

A group of former Wells Fargo 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 after individuals.

Wells Fargo in $575 mn US settlement on consumer ills

SATURDAY, DECEMBER 29, 2018

Wells Fargo agreed to a $575 million nationwide settlement over its opening of millions of unauthorized customer accounts and other alleged predatory practices, the bank and US authorities announced Friday.

Facebook asks big banks to share customer details

TUESDAY, AUGUST 07, 2018

Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform, a banking source told AFP on Monday.

Wells Fargo close to $1 bn US settlement: reports

THURSDAY, APRIL 19, 2018

Wells Fargo is close to paying $1 billion to settle a US probe over its risk management policies in another blow to the banking giant, US media reported on Thursday.

US Fed orders Wells Fargo to halt expansion after 'pervasive misconduct'

SATURDAY, FEBRUARY 03, 2018

The US Federal Reserve on Friday ordered troubled commercial banking giant Wells Fargo to halt its expansion until it improves its governance, following "pervasive and persistent misconduct."

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