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The impact of a scandal over fake accounts and mortgage-related investigations continues to drag on Wells Fargo — even as the banking giant benefits from a sweeping federal tax overhaul. Trying ...
Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking account openings as the scandal over its sales practices takes its toll.
Taking a break from the seemingly never-ending bad news on its massive fake account scandal, Wells Fargo is about to release its third-quarter earnings early Friday morning. The bank will have to ...
When the Federal Reserve in June lifted the $1.95 trillion asset cap it imposed on Wells Fargo back in 2018 as punishment for ...
Wells Fargo’s fake-account scandal continues to haunt the big bank, exacerbating headaches caused by shrinking interest rates.
The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech ...
Sloan, who succeeded John Stumpf as CEO on Oct. 12, also warned that the scandal is having a negative impact on parts of the firm that rely on customer referrals by Wells Fargo bankers, including its ...
Wells Fargo's board of directors received "regular" reports since 2005 warning that most of the bank's internal ethics hotline complaints and firings were linked to sales violations.
Wells Fargo on Friday reported quarterly revenue and earnings that beat analysts' expectations, but details from its results seem to show the bank's recent fake-accounts scandal is starting to hit ...
JPMorgan Chase downgraded its recommendation on Wells Fargo's shares Wednesday to neutral from overweight, based on concerns about the scandal's impact on Wells Fargo's reputation.
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