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“Over the past four months, I have placed multiple calls to Wells Fargo asking them to close the account and to provide information to me on the circumstances under which the account was opened ...
The CFPB fined Wells Fargo $100 million on September 8, 2016, for the "widespread illegal practice of secretly opening unauthorized accounts." The order also required Wells Fargo to pay an estimated $2.5 million in refunds to customers and hire an independent consultant to review its procedures.
U.S. banking giant Wells Fargo confessed to creating millions of fake accounts from 2002 to 2016. Now, new troubles have come to light.
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...
Wells said on Thursday it will return $2.8 million to the additional customers who had consumer and small business accounts opened without permission. Wells Fargo finds more unauthorized accounts ...
Toldstedt worked at Wells Fargo for 27 years. [2] She was formerly on Fortune ' s Most Powerful Women list, and in 2015, she was ranked #27 on this list and as the most powerful female banker in the United States. [1] Under Tolstedt's supervision, her unit's employees opened over 2 million mostly unauthorized accounts for their customers. [4]
Chiang imposed a 12-month ban from investment work on Wells Fargo in September 2016, barring the bank from underwriting California's state debt for a year. This was in response to the federal report announcing that Wells Fargo employees had opened up to 2 million unauthorized accounts in an attempt to raise Wells Fargo profits.
Here's just how rich the 10 U.S. richest bankers are - starting with the Wells Fargo CEO Wells Fargo employees claim they were fired for refusing to create fake accounts Hillary Clinton: There's ...