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Fed piles on Wells Fargo in latest chapter of bank’s self-destruction

Fed piles on Wells Fargo in latest chapter of banker self-destruction PHILADELPHIA — Remember Robert Morris, the Founding Father? He saved George Washington’s Army by making military supply profitable, started America’s first central bank, turned down Washington’s offer to be...
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Wells Fargo Banker and 9 Others Charged With Insider Trading

Business & Finance : DealBook

The Securities and Exchange Commission has accused a Wells Fargo investment banker and 9 others of insider trading, saying that they made more than $11 million in illegal profits after the banker passed along nonpublic information h...

Ex-Wells Fargo employees reveal how some bankers abused customers

Business & Finance : Business Insider: Clusterstock

In a new repor t, former workers at Wells Fargo say bankers targeted specific age and cultural groups and manipulated them to hit aggressive sales targets. The bank is being criminally investigated after it was found that employees ...

Wells Fargo Crashes After Fed's Shocking Crackdown Bans Bank From Growing

Business & Finance : Zero Hedge

Wells Fargo may be Warren Buffett's favorite bank, but the endorsement of America's favorite benevolent plutocrat hasn't spared it from an unusually severe punishment (as far as too big to fail banks go). Two hours after markets clo...

Foodstamp Financiers: Wells Fargo Workers Protest Re-Emergence Of Predatory Practices

Business & Finance : Zero Hedge

One of America’s biggest banks is going to be protested by an unlikely group today: its employees. As The Guardian reports, Wells Fargo bankers are protesting the bank’s alleged predatory practices – mainly the sales quotas imposed ...

A Student Called Wells Fargo Bankers 'Boners' In An Email To Bank Of America Guys — And It Got Back To Wells Fargo

Business & Finance : Business Insider: Clusterstock

Kids, this is why you shouldn't slam anyone over e-mail. A college student bashed Wells Fargo bankers calling them "doofuses" and "boners" in an email sent to some "bros" at Bank of America Merrill Lynch. The student, who had met th...


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