Wells Fargo

Undocumented immigrant 'clients' filled quotas in Wells fraud, ex-bankers say

05/04/17

Despite a categorical denial this week by Wells Fargo CEO Tim Sloan, former employees like Yesenia Guitron say trawling for immigrants was routine.

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Activist investors urge Wells Fargo to turn over board quickly

05/02/17

Wells survived a fierce proxy fight at its annual meeting, but that’s not stopping some key investors — including the California State Teachers' Retirement System and the New York City pension funds — from pressuring the embattled bank to quickly replace most of its directors.

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Wells Fargo’s CEO: Scandal has not scared away top talent

05/01/17

Tim Sloan insisted Monday that the bank’s phony-accounts scandal, which has eroded its position with U.S. consumers, has not hurt its recruiting efforts.

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Supreme Court rules cities can sue banks for housing discrimination

05/01/17

The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America back to the lower court.

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Dumped by U.S. counterparts, Latin American banks tighten AML controls

05/01/17

Money laundering in Latin America is said to be worsening and a corruption probe in Brazil adds to the worries, but Latin American banks are fighting hard to preserve business with U.S. banks.

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Tackling income volatility; New CMO at Citi

04/28/17

JPMorgan Chase’s Colleen Briggs and Fiona Greig are among those working on ways to help a growing segment of consumers with wildly fluctuating incomes. Plus, the women of Wells Fargo’s board and a big promotion at Citi.

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Wells Fargo shakes up Washington lobbying after accounts scandal

04/27/17

Wells Fargo is making big changes in how it deals with lawmakers and regulators in Washington after top executives were savaged during congressional inquiries into the bank's fraudulent-accounts scandal.

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Wells Fargo, JPMorgan wary of auto loans, pack them in bonds

04/27/17

Depending whose money they're using, Wells Fargo and JPMorgan Chase either love subprime car loans or fear them.

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Wells directors survive – barely; Bitcoin woes

04/26/17

Shareholders reelected all of the bank's directors, though some got only slightly more than 50% approval; exchanges having trouble processing deals in dollars.

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Tears, shouts and a police escort: The scene at Wells' annual meeting

04/25/17

Chaos broke out periodically as investors and activists spoke out against the board, at times yelling or choking back emotion.

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