Wells Fargo Board Members Resign Following Congressional Report WhatDoYouThink?
Two Wells Fargo board members have resigned after a House committee report found the company failed to properly address previous consumer abuse scandals that include falsifying records, forging signatures, opening fraudulent
accounts, charging fees on those fraudulent accounts, and mistakenly foreclosing on homes. What do“I think it sets a dangerous precedent if we start holding corporations to the impossible standard of not abusing their customers.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wells Fargo Officials Resign Days Before They Were Set To Testify Before CongressElizabeth Duke and James Quigley were scheduled to testify. Democrats last week said Wells Fargo was slow to 'correct serious deficiencies in its infrastructure for managing risks to consumers.'
Read more »
Wells Fargo chairman Elizabeth Duke resigns after fake-account scam falloutElizabeth Duke has resigned as chairman of Wells Fargo & Co.’s board of directors, days before she was set to testify at a congressional hearing on the...
Read more »
Wells Fargo Is the Crooked Bank That Will Never QuitIf corporations really were people, Wells Fargo would have been sent away by now.
Read more »
Wells Fargo stuck on hidden route to recoveryNew boss Charlie Scharf won’t say when he thinks the U.S. bank will have fixed the “broken culture” that led to fines, or even if it will hit an important Fed deadline. It can be sensible not to chase milestones too doggedly. But the opacity leaves investors in valuation limbo.
Read more »
Native Americans scramble over shutdown of Fargo sweat lodgeSweat lodges are typically built low to the ground, with frames made of saplings that are covered with animal hides, blankets or even tarps to keep in the steam.
Read more »