Consumer Financial Protection Bureau
13 Oct 2016
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."
30 Sep 2016
LendUp's deceptive practices invite a fine of $6.3 million
LendUp- a Google-funded lending business was fined $6.3 million for "deceptive" practices.
23 Sep 2016
$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.
22 Sep 2016
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.
16 Sep 2016
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.