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A year after accounts scandal broke, problems are still surfacing at Wells Fargo

One year ago today, Wells Fargo & Co. made the stunning admission in a settlement with regulators that it created perhaps 2 million accounts for customers without their permission. The disclosure ignited a scandal that led in a matter of weeks to the ouster of its chairman and chief executive,...
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Wells Fargo says 3.5 million accounts involved in scandal

Politics / US Politics : Washington Watch

The scope of Wells Fargo's fake accounts scandal grew significantly on Thursday, with the bank now saying that 3.5 million accounts were potentially opened without customers' permission between 2009 and … Click to Continue »

San Francisco — Wells Fargo's hometown — might ditch the bank (WFC)

Business & Finance : Business Insider: Money Game

San Francisco may be dropping Wells Fargo for city business after its settlement with regulators over the opening of 2 million accounts in the name of customers without their knowledge between 2011 and 2015. The hit may be particula...

This Week In Credit Card News: Shameful Account Fraud at Wells Fargo; Consumers Dislike Chip Cards

Business & Finance : Forbes: Business

Wells Fargo Fined $185 Million For Fraudulently Opening Accounts For years, Wells Fargo employees secretly issued credit cards without a customer’s consent. They created fake email accounts to sign up customers for online banking se...

Wells Fargo to pay $110 million to settle lawsuit over account abuses

News : The Cutline

(Reuters) - Wells Fargo & Co said it agreed in principle to pay $110 million to settle a lawsuit by customers challenging its opening of accounts without their permission, a practice that led to a scandal that cost the bank's chief ...

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...


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