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Illinois Suspends "Billions Of Dollars" Of Investment Activity With Wells Fargo

Business & Finance : Zero Hedge

Just when you thought you could relax into the weekend knowing that the US (and world) banking system was 'fixed' again thanks to a rumor from French press, Wells Fargo take another hit. Following California's decision to sever all ...

Wells Fargo started demanding fraud of its employees in 1998; Illinois cuts Wells off from state business

Humor / odd : Boing Boing

Wells Fargo made a habit of firing employees who didn't make unrealistic sales targets, turning a blind eye to the fraud they had to commit in order to keep their jobs (and firing the whistleblowers who reported the fraud). (more…)

Deutsche Bank shares sink to record low, and other MoneyWatch headlines

Business & Finance / Economics : Econwatch

Wounded Deutsche Bank reels as customers yank funds; U.S. consumers unexpectedly dialed back on August spending; and Wells Fargo chief vows to reform bank's sales practices. These headlines and more from CBS MoneyWatch.

This Week In Credit Card News: More Bad News For Wells Fargo; Incredible Credit Card Bonuses

Business & Finance : Forbes: Business

California Hits Wells Fargo Where it Hurts California Treasurer John Chiang said Wednesday the state will suspend several key banking relationships with Wells Fargo to sanction the firm following allegations of "fleecing its custome...

Everybody So Mean To Poor, Criminal Wells Fargo. Thank God Mitch McConnell Is Making It Right!

US Politics / Liberal : Wonkette

It wasn’t long ago when Wells Fargo purged its payrolls of industrious retail bankers who opened up unauthorized accounts for their customers. Following government investigations, Wells Fargo, which totally didn’t know about any of ...


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