Tag "John Stumpf"
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Wells Fargo faces massive new scandal
Wells Fargo’s hopes that a $142 million June settlement of a class-action lawsuit over its agents creating up to 2.1 million unwanted checking, savings and credit-card accounts from 2011 to 2015 would end the iconic California company’s headaches have been
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Wells Fargo’s huge scandal defies tidy resolution
San Francisco-based banking giant Wells Fargo continues to struggle to get past the worst scandal in its history. The company – which has a market value of $265 billion and nearly 270,000 employees in all 50 states – was fined $185 million
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CalPERS knocked for missing Wells Fargo warning signs
Critics of Wells Fargo’s scandal are raising questions about why the California Public Employees’ Retirement System — which for three decades has demanded that corporations it invests in must operate under a clear ethical code — didn’t question illicit banking
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