Articles about Wells Fargo

Facebook asks JP Morgan, Citibank, Chase to share customer details

07 Aug 2018

World
Facebook asks JP Morgan, Citibank, Chase to share customer details

Facebook has asked major US banks to share customer data to allow it to develop new services on the social network's Messenger texting platform.

Indian-American jailed for conspiring to defraud company of $2.5mn

27 Apr 2018

World
Indian-American jailed for conspiring to defraud company of $2.5mn

An Indian-origin man in the US has been sentenced to over four years in prison and fined for conspiring to defraud a company of $2.5 million.

Apple releases iOS 11.3 with new features, bug fixes

31 Mar 2018

Technology
Apple releases iOS 11.3 with new features, bug fixes

Apple has released the biggest iOS update for the iPhone and iPad since iOS 11.

The Top 10 business scandals of 2016

31 Dec 2016

Business
The Top 10 business scandals of 2016

Businesses across the world have faced their share of scandals this year, ranging from sexual harassment, to fraud, to providing politically biased news.

Deutsche Bank reaches $7.2 billion settlement with US regulators

23 Dec 2016

Business
Deutsche Bank reaches $7.2 billion settlement with US regulators

Deutsche Bank has reached a settlement of $7.2 billion with the Department of Justice in the US (DoJ) over an investigation into the mortgage-backed securities.

Wells Fargo CEO steps down

13 Oct 2016

Business
Wells Fargo CEO steps down

In the wake of the fake account creation scandal, Wells Fargo announced that their CEO John Stumpf would retire, "effective immediately."

$200 million settlement for Well Fargo's CEO, Stumpf

23 Sep 2016

Business
$200 million settlement for Well Fargo's CEO, Stumpf

As calls for the stepping down of Wells Fargo and Co.'s CEO John Stumpf grew louder, sources revealed that he may be entitled to a $200 million severance payout.

Senator says Wells Fargo CEO "should resign"

22 Sep 2016

Business
Senator says Wells Fargo CEO "should resign"

A US senator lambasted Wells Fargo and Co.'s CEO John Stumpf over his involvement in the unauthorized opening of over 2 million accounts to meet sales targets.

Warren Buffet loses $1.4 billion on Wells Fargo's accounting scandal

16 Sep 2016

Business
Warren Buffet loses $1.4 billion on Wells Fargo's accounting scandal

Warren Buffet's Berkshire Hathaway scripted massive losses of $1.4 billion over Wells Fargo's accounting scandal in just one day.