Wells Fargo News
Wells Fargo Will Get Out of Personal Insurance Business
Wells Fargo & Co said on Tuesday it would exit the personal insurance business and immediately begin winding down marketing and product promotion activity. Wells Fargo's personal insurance ...
More Legal Crises for Wells Fargo: Lawsuits Over Mortgage and Auto Loans
Wells Fargo & Co is facing litigation over previously disclosed sales problems related to its auto lending and mortgage businesses, the bank disclosed in a regulatory filing on Friday. The ...
How Middle Managers Coerce Employees to Deceive: University Research
Several recent corporate and governmental scandals unfortunately have revolved around middle managers and employees who have attempted to meet lofty performance goals that superiors impose by ...
New Wells Fargo Disclosures May Jeopardize $142M Customer Class Action Settlement
Wells Fargo & Co.'s disclosure Thursday that employees may have opened significantly more unauthorized accounts than previously stated could jeopardize a $142 million class-action settlement with ...
Wells Fargo Admits Discovery of 1.4M Additional Bogus Customer Accounts
Wells Fargo & Co will refund nearly 2 million more customers for charges they should not have incurred after expanding a review of improper sales practices, the third-largest U.S. bank said on ...
Wells Fargo Accused of Charging Improper Mortgage Fees in Proposed Class Action Lawsuit
A homeowner has filed a proposed class action lawsuit accusing Wells Fargo & Co of improperly charging thousands of customers nationwide to lock in interest rates when their mortgage applications ...
Another Wells Fargo Snafu: It May Have Harmed Customers by Closing Real Accounts
After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co has said it is now grappling with the possibility it harmed customers by closing real ...
Wells Fargo, National General Face CA Regulatory Scrutiny in Auto Insurance Scandal
California will investigate whether Wells Fargo & Co and an insurance company harmed hundreds of thousands of residents by selling them insurance they did not need, the state's insurance ...