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Wells Fargo chief forfeits $41m amid corruption probe

2016-09-28 02:23:05| BBC News | Business | UK Edition

Wells Fargo chief executive John Stumpf forfeits $41m (31.5m) in share bonuses as the bank giant tries to stem a scandal over its sales practices.

Tags: chief wells probe corruption

 

Elizabeth Warren mauls 'gutless' Wells Fargo boss

2016-09-20 22:07:49| BBC News | Business | UK Edition

Elizabeth Warren mauls 'gutless' Wells Fargo boss

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Wells Fargo: John Stumpf apologises over illegal accounts

2016-09-20 16:37:12| BBC News | Business | UK Edition

Wells Fargo chief executive John Stump apologises to the bank's customers for illegally opened accounts, as he appears before the Senate.

Tags: john accounts illegal wells

 

Wells Fargo faces $185 million fine for massive fraud and theft scheme, 5,300 employees fired

2016-09-12 15:00:23| Extremetech

Wells Fargo has been fined $185 million for opening hundreds of thousands of credit card accounts and bank accounts for users who never applied for them -- all in a bid to juice its internal numbers.

Tags: fine million employees scheme

 

US bank Wells Fargo fined $185m for opening illegal accounts

2016-09-08 20:19:25| BBC News | Business | UK Edition

The biggest bank in the US - Wells Fargo - has been fined $185m for illegally opening accounts to boost sales targets.

Tags: bank opening accounts illegal

 

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