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Home / Tag Archives: Wells Fargo

Tag Archives: Wells Fargo

Elizabeth Warren Wants The Wells Fargo Board Wiped Out

Elizabeth Warren Wants The Wells Fargo Board Wiped Out

The Democratic senator fired off a letter Monday demanding that the Federal Reserve “remove” the 12 Wells Fargo directors who served between May 2011 and July 2015. That’s when Wells Fargo has acknowledged firing 5,300 workers for creating 2 million fake accounts. The scandal “revealed severe problems with the bank’s ...

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Wells Fargo Recovers $75 Million More from John Stumpf and Former Retail Bank Chief

Wells Fargo Recovers $75 Million More from John Stumpf and Former Retail Bank Chief

Wells Fargo & Co.’s board said it has clawed back an additional $75 million of pay from two former executives it holds largely responsible for years of sales-practice problems. Wells Fargo’s board of directors will release its investigation into the bank’s recent fraudulent accounts scandal, pinning blame primarily on two ...

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Elizabeth Warren has just delivered an epic right-to Wells Fargo CEO John Stumpf

Elizabeth Warren has just delivered an epic right-to Wells Fargo CEO John Stumpf

Senator Elizabeth Warren delivered a blistering descent of one of the CEOs of the nation on Monday. Just weeks earlier, the Office of Financial Protection Consumer (CFPB) revealed Wells Fargo employees had created more than one million fake accounts checks for its customers since 2011, in a scheme to increase ...

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