Tag: Wells Fargo

The American Federation of Teachers (AFT) cut ties with Wells Fargo Thursday over the bank’s refusal to end its relationship with the NRA.

Wells Fargo stemmed the tide of the push for new financial restrictions on gun makers and sellers by stressing that it is not a bank’s job to set U.S. gun policy.

Wells Fargo initially cast blame on low-level employees and downplayed the seriousness of its problems. That was an enormous miscalculation.

The Fed slammed Wells Fargo with a far-reaching order that limits its growth and requires the replacement of four board members.

Wells Fargo and Fifth Third said that they would raise the minimum wage of their employees to $15 per hour thanks to the tax cut.

Wells Fargo, the world’s third-largest United States bank, is continuing to fire American workers and outsource their jobs to foreign countries while rapidly expanding their workforce overseas.

More corporate CEOs joined the open borders lobby to protect the Deferred Action for Childhood Arrivals (DACA) program and offer a path to citizenship for illegal aliens.

Despite an American electorate fed up with the outsourcing of American jobs, corporations and tech firms are continuing to send once high-paying work overseas.

Puerto Rico’s world-record $116 billion bankruptcy filing represents a massive liability risk for auditors who will likely demand that highly-indebted states — such as Connecticut, Illinois and California — disclose more liabilities, write down assets, and curtail debt issues.

SANTA MONICA — The coastal town known affectionately — or pejoratively — as the People’s Republic of Santa Monica has decided to cut ties with Wells Fargo bank over its involvement in the Dakota Access pipeline, LAist.com reports. The pipeline was

A University of California student has filed a class action lawsuit against the fourth largest bank in the U.S. for refusing to give DACA students school loans. She claims that her and others in her position have had their civil rights violated.

Elaine Chao, Donald Trump’s nominee to head the Department of Transportation, could collect up to $5 million in Wells Fargo preferred stock after assuming her new role in the Trump administration.

Hillary Clinton is attacking Wells Fargo in her stump speeches following the bank’s settlement acknowledging that some of its employees opened accounts that were not authorized by bank customers.

Wells Fargo bank has paid a settlement of $24 million after being accused of improperly repossessing the cars of hundreds of members of the U.S. armed forces serving overseas.

Contents: Wells Fargo found to have defrauded millions of customers; Reasons given why no criminal prosecutions of bankers for criminal fraud

The supposedly blockbuster $2.6 billion Wells Fargo class action lawsuit does not look legally compelling and it is doubtful that a one-lawyer law firm can successfully handle such a huge case.

Wells Fargo CEO John Stumpf testified before the Senate Banking Commitee Tuesday and was asked multiple times of his knowledge of the company’s recent fraudulent account scam.

Democratic presidential nominee Hillary Clinton is joining the attack against Wells Fargo. However, the Clinton Foundation has taken large sums from Wells Fargo.

Warren Buffett lost $1.4 billion from his fortune Tuesday after Wells Fargo stock fell 3.3 percent as it deals with a scandal.

The Centers for Medicare & Medicaid Services (CMS) are planning to shut down Theranos’s labs and ban founder Elizabeth Holmes from the medical testing business for two years.

Three masked thieves rammed an SUV into the glass doors of the Wells Fargo History Museum in San Francisco, California Tuesday, holding a guard at gunpoint while they pilfered gold artifacts. Leaving the SUV behind, the smash and grabbers hopped into a getaway sedan and off into the night.