Wells Fargo execs, directors got the boot. Will its auditor be next?
KPMG has been the bank's auditor since 1931. Critics say it's time for a change. ... Read full article
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Wells Fargo hits two milestones on road to fix corporate governance
Wells Fargo, which has been told by the Fed that it needs to improve its governance and controls, on Thursday received an important thumbs-up from its outside auditor and also named the four senior directors who will retire next month. ... Read full article
Lawmakers target Wells Fargo auditor over fake accounts
Sens. Elizabeth Warren and Ed Markey are seeking information about KPMG to determine if it lived up to its professional obligations when it decided not to disclose fake accounts at Wells Fargo. ... Read full article
Wells Fargo defends decision to keep KPMG as its auditor
The auditing giant has faced heavy criticism for failing to uncover wrongdoing at Wells. But the San Francisco megabank said Wednesday that it wants to maintain a relationship that goes back decades. ... Read full article
Auditor spots 'material weakness' in Webster's internal controls
KPMG said Webster did not properly document a change in the way it calculates its provision for loan losses. The bank does not expect to restate its financial results or incur any meaningful increase in costs because of the problem. ... Read full article