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Carrie L. Tolstedt is an ousted American banking executive and former head of the community banking division at Wells Fargo, [1] from which she retired in 2016 before the company's account fraud scandal came to light. In 2017, Wells Fargo retroactively fired Tolstedt for cause. In 2023, she would plead guilty to obstructing a bank examination.
In October 2014, a Wells Fargo employee earning $15 per hour emailed the CEO—copying 200,000 other employees—asking that all employees be given a $10,000 per year raise taken from a portion of annual corporate profits to address wage stagnation and income inequality. After being contacted by the media, Wells Fargo responded that all ...
Federal investigators accused the bank, Des Moines' largest private employer, of overcharging employees for company stock Wells Fargo to pay $145 million in settlement over employee retirement ...
Wells Fargo said that it expects to keep growing in Arizona, where the bank has more than 13,000 employees. The company added that it believes in-person collaboration is key to success.
Wells Fargo employee Denise Prudhomme badged into her office on a Friday morning, but never left. Her body was discovered at her cubicle the following Tuesday by a security guard. No foul play is ...
Empower was created in 1891, when parent company Great-West Lifeco was founded as an insurance provider on the Canadian prairie. [1] After serving more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014, when the retirement businesses of Great-West Life combined the record-keeping services of Great-West Financial ...
(Reuters) -Wells Fargo & Co was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. employees to overpay for prescription ...