As these fake accounts grew, the CEO of Wells Fargo at the time, John Stumpf, raked in bigger and bigger bonuses. After the ...
The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...
Wells Fargo has agreed to pay $3 billion to resolve criminal and civil claims involving excessive and unrealistic sales goals that led employees to falsify records and create fake customer accounts to ...
Wells Fargo is also continuing to pull itself from a 2016 scandal in which employees had ... Wells Fargo sold a six-story ...
As the bank’s chief security officer, Michael Bacon spent years raising concerns about rampant sales abuses. In exclusive interviews, he details how the bogus-accounts scandal unfolded — and argues ...
Wells Fargo & Co's veteran chairman and chief executive ... The bank's shares, which have slumped in the wake of the scandal, rose 2% in after-hours trading after the bank announced Stumpf's ...