Displaying all articles tagged:

Wells Fargo

  1. Regulators Fine Wells Fargo $1 Billion for Abusing ConsumersThe penalty is the largest that the Consumer Financial Protection Bureau has ever imposed on any lender.
  2. Corporate PR Stunts Won’t Save the Working ClassShared prosperity doesn’t come from the strategic generosity of bosses high on tax cuts, but from the power of organized labor.
  3. No One Wants to Open an Account at Wells Fargo AnymoreThe bank is signing up fewer customers since its fake-accounts scandal.
  4. crimes and misdemeanors
    California Attorney General Begins Wells Fargo Criminal ProbeThe bank is being investigated for criminal identity theft.
  5. finance
    Wells Fargo CEO John Stumpf Steps Down Amid ScandalSenator Elizabeth Warren had called for his resignation.
  6. Wells Fargo CEO Goes Back to Washington for Another Public FloggingToday it was the House Financial Services Committee’s turn, and they had fun.
  7. Wells Fargo CEO Forced to Give Up $41 Million for Bank’s ScandalHe’s still very rich.
  8. Former Wells Fargo Employees Say They Were Fired for Whistle-blowing“They ruined my life.”
  9. Elizabeth Warren Tell ‘Gutless’ Wells Fargo CEO That He Belongs in JailThe bank’s recently revealed fraud has the senator red-hot.
  10. Wells Fargo Blames Employees for Fraud With Senate Hearing a Week AwayElizabeth Warren is going to be angry.
  11. fraud
    Why It’s Unlikely Anyone Will Go to Jail Over Wells Fargo’s Massive Fraud SchemeThe Department of Justice has established a pattern on this sort of thing.
  12. Wells Fargo Hit With $185 Million in Fines for Years of Screwing CustomersThe bank also fired 5,300 employees.
  13. Reply-All-pocalypse Hits 90,000 Wells Fargo RecipientsDon’t reply-all to 90,000 people.
  14. how screwed is this bank?
    How Screwed Is This Bank?: JPMorgan Chase/Wells Fargo EditionOur new earnings series.
  15. lawsuits
    New York Attorney General Sues Big Banks for Fraudulent ForeclosuresBank of America, JPMorgan Chase, and Wells Fargo are all accused of deceit in relation to mortgage-backed securities.
  16. banking
    Debit Card Fees on Hold at Bank of America, Chase, and Wells FargoEnjoy the extra $5 a month while it lasts.
  17. End of No-Fee Banking One Step CloserBofA: $5-a-month debit cards.
  18. moody moody's
    Moody’s to Congress: No, Seriously, Raise the Debt CeilingOr we’ll lower your credit rating!
  19. Booze News
    SLA’s Latest Self-Improvement Plan: Outsourcing!Can Wells Fargo help the State Liquor Authority?
  20. the greatest depression
    Morning Surprise: Morgan Stanley Reports LossesWells Fargo, meanwhile, points and laughs at John Mack.
  21. the greatest depression
    Wells Fargo: Taking Advice From Joan Rivers?“It was that man! That man from the news!”
  22. white men with money
    Wells Fargo and Citigroup Fight Over Wachovia, the Aging Stripper With a Heart of GoldCitigroup and Wells Fargo’s fight for Wachovia reminds us of a classic Hollywood love story — with a weird and brutal twist.
  23. Wachovia Ditches Citigroup for Wells FargoWill this be thing thing that makes Citi CEO Vikram Pandit stop smiling?
  24. company town
    Rove, Regan and Rather: Crazy? Or Crazy Like Foxes?MEDIA • How did Judith Regan’s high-level lawyers let her bat-shit-crazy legal complaint get through? Oh that’s right, she’s Judith Regan. [Legal Pad/Fortune] • CBS finally got around to filing their motion to dismiss Dan Rather’s suit. The network claims they are “mystified” by Rather’s “bizarre allegations,” and that the lawsuit amounts to a “regrettable attempt by plaintiff Dan Rather to remain in the public eye, and to settle old scores and perceived slights, based on an array of far-fetched allegations.” [NYO] • Karl Rove signed on to become a regular contributor to Newsweek. Maybe they should consider changing their slogan to “fair and balanced”? [Mixed Media/Portfolio]