Wells Fargo Says Calculation Error Led to Foreclosures
The bank also says it is facing multiple inquiries over its use of federal low-income housing tax credits.
Wells Misses Estimates With Broad Weakness
Bank executives point to progress in cost-cutting initiatives as evidence that Wells Fargo's turnaround effort is on track.
Proposals to Separate Joint CEO-Board Chair Roles Go Nowhere
Each year dozens of shareholder proposals seek to quash potential conflicts of interest by calling for an independent chair. But they hardly ever pass.
Wells Fargo Warns of Possible $1B Settlement
The scandal-plagued bank posts better-than-expected Q1 earnings but a possible deal with regulators could reduce profit by about 20%.
Management Shakeup Continues at Wells Fargo
Four risk management executives are retiring as part of the bank's reorganization in the wake of its fake-accounts scandal.
Auditor Rotation Rules Miss Their Mark
Merely requiring companies to periodically invite bids for their audit business, or change engagement partners at the incumbent firm, doesn't do the job.
Wells Fargo’s Credit Rating Takes a Hit
S&P downgrades the bank, citing "the complexities of improving compliance and operational risk controls throughout its very large organization."
Tax Savings Fuel Wells Fargo Q4 Earnings Beat
The bank is still struggling to put the fake-accounts scandal behind it, taking a $3.25 billion pre-tax expense for anticipated legal costs.
Banking Survey: A Question of Trust
After yet another scandal, businesses are placing more emphasis on the trustworthiness of financial institutions.
Incentive Comp: Lessons Learned from Wells Fargo
A year after the fake-accounts scandal broke, here's a look at how companies can avoid negative fallout from sales incentive compensation programs.
Litigation Costs Put Dent in Wells Fargo Profit
The beleaguered bank's shares fall 2.7% after it reports Q3 net income fell to $4.6 billion from $5.6 billion one year ago while EPS misses estimates.