Post Profile






Lawmakers spew vitriol at Wells Fargo CEO and ramp up demands for probes of banking industry

Lawmakers on Thursday intensified their calls for a wide range of investigations into Wells Fargo & Co. — and into the practices of other banks — as political fallout from the San Francisco institution’s creation of unauthorized accounts continues to grow. During a vitriol-filled, four-hour hearing...
read more

share
See more about: Wells Fargo

Related Posts


House Panel Questions Fed Chief on Wells Fargo Scandal

Business & Finance : DealBook

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

Wells Fargo CEO: We should have done more sooner

Politics / US Politics : Washington Watch

Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail ban...

Wells Fargo CEO forfeits $41 million amid fake account scandal

Business & Finance : USAToday: Money

Chief Executive Officer at Wells Fargo John Stumpf will forfeit about $41 million dollars of uninvested equity awards and will not receive a salary while the bank’s sales practices are being investigated.        

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...

How Congressmen are celebrating their grilling of Wells Fargo CEO

Business & Finance : Mashable: Business

A "joyous occasion"? Maybe not for Wells Fargo CEO John Stumpf, who testified on Capitol Hill Thursday about the bank's recent scandal.  The San Francisco-based bank was fined $185 million by the Consumer Financial Protection Bureau...

Comments


Copyright © 2016 Regator, LLC