Wells Fargo

Wells turns to JPMorgan executive for chief risk officer

05/07/18

Amanda Norton will lead the charge to improve risk management at Wells Fargo after its phony-accounts and other scandals.

[more]

Wells Fargo takes another stab at salvaging its image through ads

05/07/18

For the second time in a year, the scandal-scarred bank has launched a brand campaign aimed at restoring trust with customers.

[more]

Wells settles investor lawsuit; Tarullo the transition?

05/07/18

Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight.

[more]

Why bank CEOs are speaking out on guns, DACA and global warming

05/07/18

Today's senior leaders seem more willing than their predecessors to take bold stands on controversial topics, in part because employees and investors expect them to.

[more]

Wells Fargo to pay $480M to settle suit tied to fake accounts

05/04/18

The class-action lawsuit filed by investors alleged that bank executives deliberately failed to disclose the full nature of its cross-selling practices to shareholders.

[more]

Small bank is using Wells Fargo as a punching bag. It’s a risky move

05/03/18

A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?

[more]

Democratic senators urge more banks to crack down on gun sellers

05/02/18

The lawmakers are calling on banks to follow the lead of Citigroup and Bank of America in limiting their business with firearms dealers in light of recent mass shootings.

[more]

Mulvaney's BCFP, Zelle's bumpy ride, BB&T's glitch: Top stories of the week

04/27/18

In addition to changing the name of the Consumer Financial Protection Bureau, the acting director wants to also nix public complaints; the good, bad and ugly in Zelle's ascendance; a case study for digital outage recovery; and more from this week's most-read stories.

[more]

How huge Wells fine could leave customers in the cold

04/27/18

Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators.

[more]

Yet another Wells scandal; House moves closer to passing dereg bill

04/27/18

Wells may have tried to lure 401(k) customers into more expensive IRAs; Hensarling says he will go along with Senate version of Dodd-Frank rollback.

[more]