July 28, 2017 | Daily Business Review
New Wells Fargo Scandal Seen as Proof Controls Still LackingWells Fargo & Co.'s disclosure that it may have pushed thousands of car buyers into loan defaults and repossessions by charging them for unwanted insurance is raising doubts about the bank's ability to put proper controls in place.
By Laura J. Keller and Noah Buhayar
13 minute read
April 10, 2017 | Daily Business Review
Wells Fargo Board Claws Back $28 Million More From Ex-CEOWells Fargo & Co.'s board clawed back an additional $28 million from former Chief Executive Officer John Stumpf and canceled about $47 million of ex-community bank head Carrie Tolstedt's stock options after determining they were among senior managers who failed to heed warnings of spreading sales abuses for more than a decade.
By Laura J. Keller
8 minute read