Sep 29, 2016
Wells Fargo CEO John Stumpf heads back to Washing to testify in front of the House Financial Services Committee about the bank's recent fake account scandal.Proceed to the page: http://linkis.com/QAlDy
Wells Fargo has its hands full these days. The beleaguered megabank is already facing a $185 million fine for the recent fake account scandal, which subsequently led to ongoing investigations from the House Financial Services Committee and the Department of Justice, not to mention a rough...
The House Financial Services Committee has scheduled a hearing for next week on sales practices at Wells Fargo and invited Chief Executive John Stumpf to testify.
The House Financial Services Committee will conduct an investigation into Wells Fargo for its illicit creation of accounts for customers, committee Chairman Jeb Hensarling said Friday. The investigation promises to be the most comprehensive congressional response to the scandal yet. The committee...
Wells Fargo & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank’s burgeoning sales scandal, marking one of the biggest rebukes to the head of a major U.S. financial institution, the Wall Street Journal reported today. The bank’s board moved to rescind pay for Stumpf...
The House of Representatives Financial Services committee plans to hold a hearing into Wells Fargo & Co next week after a scandal at the bank involving 2 million fake accounts that thousands of employees set up in customers' names.
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