Trump to discuss coronavirus impact with these Wall Street CEOs
President Trump will meet with the CEOs of Wall Street's biggest banks at the White House on Wednesday afternoon.
Ex-Wells Fargo CEO referred to DOJ for alleged false statements to Congress
House Financial Services Chairwoman Maxine Waters referred former Wells Fargo CEO Timothy Sloan to the Department of Justice, claiming that Sloan made false statements to Congress in testimony last year.
Wells Fargo employees 'encouraged' to work from home amid coronavirus outbreak, CEO says
The San Francisco-based bank employes about 259,000 people.
Wells Fargo CEO blames 'broken' culture on consumer abuses during Capitol Hill testimony
Scharf took over as CEO of the beleaguered bank in October.
Wells Fargo Chair Betsy Duke resigns
Duke was among the bank's leadership expected to testify before the House Financial Services Committee.
Wells Fargo is not complying with settlements, according to congressional report
The report is part of a year-long probe and comes ahead of hearings next week
Wells Fargo third major bank to end Arctic oil investment
Wells Fargo & Co. became the third major U.S. bank to announce it will not support financing for oil and gas projects in the Arctic.
Wells Fargo to pay $35M to settle lawsuit on risky ETF recommendations
Wells Fargo & Co. agreed to pay $35 million to settle regulatory claims that its financial advisers recommended exchange-traded funds that were too risky for some clients.
Wells Fargo agrees to $3B settlement in fake accounts case
The DOJ slapped the bank over its fake account scandal.
Wells Fargo close to settlements over fraud accounts: Report
Wells Fargo could settle a number of cases with the federal government related to abusing its customers by opening fake accounts in their name and other practices.
Wells Fargo ends mandatory arbitration for workers' sexual harassment claims
The policy had generally applied to employees hired since the end of 2015.
Embattled Wells Fargo gets overhaul from new CEO Charles Scharf
Regulators and Wells Fargo ’s board have said the company’s decentralized structure was among the chief causes of the fake accounts scandal.
Former Wells Fargo CEO barred from industry, other execs charged for role in phony account scandal
Former CEO John Stumpf was also hit with a $17.5 million civil penalty.
US regulator plans enforcement actions against former Wells Fargo executives: Source
The Office of the Comptroller of the Currency (OCC) actions may result in monetary penalties against the executives and bans from working for OCC-regulated banks, the person said.
Warren presses big US banks to release climate change plans
The Massachusetts senator requested that bank executives respond to questions by Feb. 7.
Wells Fargo profit sinks 13% while new CEO prioritizes resolving regulatory issues
Wells Fargo earned $2.9 billion, or a diluted 60 cents a share, as revenue slipped 5.2 percent year-over-year to $19.98 billion.
Banks own thousands of commodity-carrying railcars in 'suffering' industry: Report
Banks held onto their railcar units after the 2008 financial crisis.
Senior US lawmaker to seek testimony of Wells Fargo's board
A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday.
Wells Fargo HR department under fire over bank's compensation system: Report
The bank has been under scrutiny since employees opened millions of fake accounts.
Wells Fargo in hot water again, may refund customers for account service fees
A lawmaker is pressing the bank to release details about what could be its next big scandal.