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Scandal-plagued Wells Fargo could face new $1 billion fine
Wells Fargo, the iconic San Francisco-based financial services giant, already faces unprecedented government punishment for major scandals revealed in recent years. In February, in the final action by departing Fed Chair Janet Yellen, the Federal Reserve announced that the company
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Wells Fargo board shake-up shows failure of damage-control push
Events of the past week show Wells Fargo’s attempts to put a huge scandal behind it by paying a $185 million penalty and settling a class-action lawsuit for $142 million have failed because of fresh evidence of corporate malfeasance – grim news
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