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Why L.A. City Atty. Mike Feuer knew the Wells Fargo scandal was going to blow up

After Wells Fargo & Co. Chief Executive and Chairman John Stumpf was grilled by members of the Senate Banking Committee last week, regulators took the stand to answer senators’ questions about their investigation into the bank’s sales practices. But one key figure was missing from the action: Los...
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Senator calls for Wells Fargo CEO to resign over sales scandal

Business & Finance : LA Times: Business

Lawmakers ripped into Wells Fargo & Co. head John Stumpf on Tuesday over the banking giant’s sales-practices scandal, with one senator calling on Stumpf to quit as chairman and chief executive. “You should resign,” Sen. Elizabeth Wa...

Are other banks committing Wells Fargo's sin? Regulator is checking

Business & Finance : Money & Co

Wells Fargo updates: Elizabeth Warren rips into CEO's 'gutless leadership' Sept. 20, 2016, 11:59 a.m. Wells Fargo Chief Executive John Stumpf testified today before the Senate Banking Committee, which grilled him on the bank's admis...

Wells Fargo execs forfeit $60 million over account scandal

Business & Finance : Mashable: Business

Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices. The independent directors at...

Scandal-racked Wells Fargo is docking its CEO $41 million. That's not nearly enough

Issues & Causes / Environmentalism : Greenspace

The Wells Fargo Board of Directors is evidently hoping that we’ll be very impressed with the punishment it has meted out to Chairman and Chief Executive John Stumpf in the wake of the bank’s cross-selling scandal. Certainly the numb...

Republicans brand another villain in Wells Fargo scandal: the Consumer Financial Protection Bureau

Business & Finance : LA Times: Business

Wells Fargo & Co. Chief Executive John Stumpf took the full brunt of congressional anger over the bank’s fake-accounts scandal at a Senate hearing last week and will face more outrage on Thursday before a House panel. But this time,...

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