Search results
Results from the WOW.Com Content Network
The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...
Tolstedt, 63, pleaded guilty in March to obstructing a government probe into misconduct at San Francisco-based Wells Fargo's retail and small business lending business, which she led from 2007 to ...
July 21 (Reuters) - The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and to rehire a whistleblower the bank had dismissed in September 2011 after the former employee ...
More than 40 consumers have reported mysterious accounts opened in their names at Wells Fargo. One man says someone opened an account in his name and deposited thousands of dollars.
Tiny Banker Trojan, also called Tinba, is a malware program that targets financial institution websites. It is a modified form of an older form of viruses known as Banker Trojans, yet it is much smaller in size and more powerful. It works by establishing man-in-the-browser attacks and network sniffing. Since its discovery, it has been found to ...
Allspring Global Investments was originally the asset management unit of Wells Fargo known as Wells Fargo Asset Management (WFAM) that was established in 1995. [2]In October 2020, Wells Fargo was exploring the sale of WFAM as part of its efforts to focus more on core competencies and improve its financial performance after the Wells Fargo cross-selling scandal.
But the grip of America’s busy-work culture is proving harder to shake. See here: Wells Fargo this week disclosed that it had fired more than a dozen employees for “simulation of keyboard ...
Wells Fargo Advisors is a subsidiary of Wells Fargo, located in St Louis, Missouri. It is the third largest brokerage firm in the United States as of June 30, 2021 with $1.9 trillion retail client assets under management .