Wells Fargo News
New York Regulators Seek Info From National General, Others in Wells Fargo Scandals
Two New York regulators sent subpoenas related to practices in the auto lending unit of Wells Fargo & Co., the bank struggling with multiple consumer scandals. The New York Department of ...
Wells Fargo Customers Sue Bank, Alleging Insurance Scheme Was a Scam
Wells Fargo & Co. customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them so far into a financial spiral that their vehicles were ...
Wells Fargo Will Refund $80M to Customers Wrongly Charged for Car Loan Insurance
Wells Fargo said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance (CPI) policies. Wells Fargo ...
Wells Fargo Alleges Alliant Attempted to Poach Brokers After Failed Buy Bid
Alliant Insurance Services Inc. lost its bid to buy Wells Fargo & Co.'s insurance business but sought to steal its rival's employees anyway, according to a lawsuit filed Thursday in Delaware. ...
Regulators Reportedly Reviewing Wells Fargo After Unauthorized Release of Sensitive Client Data
Wells Fargo & Co., already in the regulatory spotlight because of last year's fake-account scandal, is drawing renewed scrutiny after a lawyer's unauthorized release of sensitive client details ...
Wells Fargo Selling Commercial Insurance Business to USI Insurance
Wells Fargo is selling its commercial insurance business to national brokerage USI Insurance Services. USI said it has agreed to acquire Wells Fargo Insurance Services USA, which includes commercial ...
Clarity is Key to Sustainable Positive Culture, Strong Leadership
Everywhere we turn lately, there seems to be a new corporate crisis in the headlines. Some of the largest, most visible and successful companies are being forced to publicly apologize—while ...
Berkshire Hathaway Unloads Wells Fargo Shares to Get Below Fed’s Ownership Threshold
Warren Buffett's Berkshire Hathaway Inc. sold more than 7 million shares of Wells Fargo & Co. stock and plans to divest additional shares to get below the Federal Reserve's 10 percent threshold ...