Post Profile

House Panel Questions Fed Chief on Wells Fargo Scandal

Janet L. Yellen was called on to defend supervision of the banking system, including revelations that Wells Fargo employees had opened unauthorized accounts.
read more

See more about: Wells Fargo

Related Posts

California treasurer sanctions Wells Fargo over fake-accounts scandal

Business & Finance : Money & Co

California's state treasurer announced Wednesday he has temporarily severed some business relationships with Wells Fargo & Co. over revelations that the bank created millions of accounts without customers' permission. Treasurer John...

Wells Fargo's CEO is giving up $41 million over the phony accounts scandal

Business & Finance : Business Insider: Clusterstock

Wells Fargo CEO John Stumpf will temporarily forgo his salary for 2016 while the bank launches an independent investigation over phony accounts created by employees to reach aggressive sales targets. Follow BI Video: On Twitter Join...

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,...

Yellen likely to face questions about Wells Fargo

Business & Finance / Economics : Econwatch

Earlier this month, regulators fined Wells Fargo $185M, charging that some of the bank's employees opened unauthorized accounts

Lawmakers press Fed chief Janet Yellen to punish Wells Fargo for fake accounts scandal

Issues & Causes / Environmentalism : Greenspace

Outraged lawmakers pressed Federal Reserve Chairwoman Janet L. Yellen on Wednesday to punish Wells Fargo & Co. for creating as many as 2 millions fake accounts, but she declined to commit to any regulatory penalties. “Two million ph...


Copyright © 2016 Regator, LLC