Wells Fargo

The Latest

  • Wells Fargo To Pay $3 Billion To Settle US Government Investigation
    Wells Fargo Scandal
    Wells Fargo agreed to pay $3 billion as a settlement over the US government's investigation into its illicit sales practices, which included the opening of millions of fake accounts.
  • Wells Fargo To Pay US Govt $3 Billion For Millions Of Bogus Accounts
    WELLS FARGO
    Wells Fargo's new chief executive officer described the bank's misconduct as very "reprehensible."
  • Large Banks Are Snubbing Small Oil And Gas Producers
    BANKING
    Badly-needed loans to keep business afloat are hard to come by for small gas and oil players these days
  • Wells Fargo Names Charles Scharf As Tim Sloan's Replacement
    Wells Fargo CEO
    Wells Fargo announced that it has hired former JPMorgan executive and VISA CEO Charles Scharf as its new chief executive.
  • Congress Calls For Wells Fargo CEO's Resignation Instead Of US$2 Million Bonus
    Wells Fargo
    California Democrat Rep. Maxine Waters publicly criticized Wells Fargo CEO Tim Sloan for receiving a pay raise and a US$2 million bonus despite the company owing more than US$3 billion in fines.
  • Wells Fargo Server Farm Accidental Fire Scare Resulted To Banking Services Outage
    A Wells Fargo stagecoach is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada.
    Wells Fargo customers complained on Thursday of blocked access to their online and mobile accounts. Some also complained of being unable to access their debit cards. The bank confirmed that their system is experiencing technical issues due to a smoke scare that took place in a data center in Minnesota.
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