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Wells Fargo, Deutsche Bank woes seen a bigger issue for bank investors than Fed policy

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``While investors continue to eye the Federal Reserve's interest-rate policies for the impact they could have on the financial sector, a pair of company-specific news stories, involving Wells Fargo & Co. and Deutsche Bank AG have ov...

Breakingviews: Wells Fargo’s Heir Apparent Has Ties to Scandal

Business & Finance : DealBook

It is not clear why an executive so closely linked to the scandal involving fake bank and credit card accounts should lead the company.

Cailfornia lawmaker denounces Wells Fargo at hearing, calls for statewide banking reform

Business & Finance : LA Times: Business

There were fewer TV cameras and less pomp and circumstance, but a hearing in Calabasas on Tuesday on the Wells Fargo & Co. fake accounts scandal was an otherwise familiar site, with lawmakers ripping into the bank. Assemblyman Matt ...

Wells Fargo doesn't want you to know that its scandal really hasn’t hurt the bank

Business & Finance : Business Insider: Money Game

Wells Fargo's reputation has taken it on the chin for the last month. The scandal surrounding the opening of 2 million accounts without customers consent by retail banking employees has forced CEO John Stumpf to testify before Congr...

Wells Fargo Doesn't Want You To Know Its Scandal Isn't Hurting Profits

News : Huffington Post

(Reuters) - Wells Fargo & Co’s chief financial officer said efforts by states to penalize its business over an unauthorized-accounts scandal would not affect third-quarter earnings “much”, the Wall Street Journal reported, citing a ...


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