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Breakingviews: Wells Fargo’s Problems Go Beyond Sham Accounts Scandal

The bank has avoided large penalties for creating unauthorized products, but its competitors are leaping ahead in investment banking and trading.
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Wells Fargo just laid out fresh details on how many people were hit by its fake accounts scandal

Business & Finance : Business Insider: Money Game

Troubled bank Wells Fargo laid out the preliminary results of its investigation into how many people were impacted by the opening of false accounts by employees without customers knowledge in a presentation accompanying their earnin...

The unusual change Wells Fargo made to its board as it tries to move beyond the fake accounts scandal

Religion : On Faith: Guest Voices

Incoming chief executive Tim Sloan is not the only new leader taking over at Wells Fargo as the embattled bank tries to turn the page on the damage caused by its fake accounts scandal. The boardroom will too, as Wells Fargo becomes ...

Wells Fargo's earnings drop as bank begins to face fallout from fake-accounts scandal

Business & Finance : LA Times: Business

Wells Fargo's earnings slipped in the third quarter, the banking giant said Friday as it started dealing with the aftermath of a sales-practices scandal that has consumed it in recent weeks.  Wells Fargo said it earned $5.6 billion,...

Wells Fargo beats on earnings despite accounts scandal (WFC)

Business & Finance : Business Insider: Money Game

Wells Fargo beat on its first earnings since being rocked by its fraudulent-accounts scandal. The bank on Friday reported revenue of $22.3 billion and earnings per share of $1.03. Analysts expected the bank to report earnings per sh...

The Wells Fargo scandal is far from over

Business & Finance : Business Insider: Money Game

Wells Fargo CEO John Stumpf on Wednesday retired in the face of a massive scandal that has dragged the bank down for over a month. Stumpf stepped down after the news that employees of the bank opened 2 million accounts in the name o...


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