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Why the big banks are weighing down Wall Street

Troubles at Wells Fargo, Bank of America and Deutsche Bank have the entire global industry facing tighter regulations
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Wall Street is taking a pounding

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US bank stocks have plummeted this year and everyone wants to know why. Morgan Stanley is down 30% from a year ago, while Goldman Sachs is down 13%. Wells Fargo is down 11%. Deutsche Bank analyst Matt O'Connor took a stab at why tha...

The Wall Street regulators won

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Wells Fargo whistleblower describes bank's culture of blackballing threats and coerced corruption

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On the latest Planet Money podcast (MP3), a former San Francisco Wells Fargo banker describes the bullying and coercion she faced from senior management while working at the bank's head office, and how the bank forced her out when s...

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