California Treasurer Continues Sanctions On Wells FargoSanctions imposed by California State Treasurer John Chiang on Wells Fargo Bank for establishing up to 3.5 million bogus accounts will remain in place for a second year.
Bill Could Let California Consumers Take Wells Fargo To CourtA bill that could require Wells Fargo to go to court over its fake accounts scandal has been signed by California Gov. Jerry Brown.
Wells Fargo CEO Faces Angry Congress 1 Year After Scandal BrokeWells Fargo’s chief executive faced an angry Congress on Tuesday, saying yet again that the bank remains “deeply sorry” for its previous sales practices.
Wells Fargo Now Says 3.5 Million Impacted By Fake Accounts ScandalWells Fargo is now saying 3.5 million customers were impacted by its fake accounts scandal, a dramatic increase from the 2.1 million accounts it originally estimated.
$142 Million Wells Fargo Account Scandal Settlement Gets Preliminary ApprovalWells Fargo has received preliminary approval to pay out $142 million to customers affected by the bank's sales practices scandal.
Wells Fargo Board Faults 'Aggressive Sales Culture' In Account ScandalAn investigation into sales practices at Wells Fargo has blamed the bank's most senior management for creating an "aggressive sales culture."
Wells Fargo Account Openings Down Sharply In Wake Of ScandalWells Fargo says customers are significantly pulling back from doing business with the bank, a reverberation of the sales practices scandal.
Wells Fargo Reputation Drops Sharply Amid Fake Account ScandalA new survey found a significant number of customers plan to leave San Francisco-based Wells Fargo over the bank's fake account scandal.
Santa Clara County Cuts Wells Fargo Ties, San Francisco May FollowAfter doing business with Wells Fargo Bank for more than 25 years, Santa Clara County supervisors unanimously voted to cut ties over the bank’s fake account scandal.
After Scandal, Wells Fargo Faces Long, 'Lumpy' Road To RecoveryInvestors expect Wells to survive the recent scandal but the bank's recovery will be long and arduous.
Regulators Say Wells Fargo Among Top Banks Still Too Big To FailSan Francisco-based Wells Fargo Bank along with four other large U.S. banks have failed to convince U.S. regulators that they could survive another economic collapse.
Judge Approves $1.2 Billion Wells Fargo Settlement In Mortgage CaseA judge in New York has given final approval to a deal calling for Wells Fargo Bank to pay $1.2 billion to the government to settle claims against it for improper mortgage lending practices.