Wells Fargo To Pay $110 Million To Settle Fake Account LawsuitThe settlement will include customers who had accounts opened without their permission, or were signed up for a product they did not agree to, going back to Jan. 1, 2009.
Claim Accuses Wells Fargo Of Denying Loans To DREAMersA federal lawsuit accuses banking giant Wells Fargo of illegally denying student loans to young immigrants who are protected from deportation and allowed to work and study in the U.S. under a program created by former President Barack Obama.
Wells Fargo CEO John Stumpf Resigns Effective ImmediatelyWells Fargo's embattled CEO John Stumpf has resigned, effective immediately, as the nation's second-largest bank is roiled by a scandal over its sales practices.
Rep. Maxine Waters Calls For Wells Fargo To Be Broken UpThe panel's senior Democrat, Rep. Maxine Waters of California, was adamant that the alleged abuses show that the second-largest U.S. bank is too big for senior executives to keep track of what's going on.
California Suspends State Investments With Wells Fargo Over Bank's 'Fleecing Of Its Customers' California Treasurer John Chiang says he's suspending some of the state's business with Wells Fargo amid a scandal over two million accounts allegedly opened without customers' permission.
$185M Settlement Reached With Wells Fargo Over Unauthorized AccountsWells Fargo will pay $50 million in penalties to the city of Los Angeles and restitution to customers as part of a settlement resolving litigation alleging the company opened up bank accounts without customers' permission.
Popular Mexican Singer Sues Wells Fargo Accusing 2 Former Employees Of Stealing $400K"They betrayed me," she said, "I didn't know what to do."
Wells Fargo Settles Lawsuit Over Recorded Phone CallsProsecutors say Wells Fargo Bank will pay $8.5 million to settle a lawsuit in Los Angeles alleging it was too slow to notify customers that phone calls were being recorded.
Customers Demand Meeting With Wells Fargo CEO Over Alleged Unwanted Accounts A group of Southland residents who claim they had unwanted accounts opened in their names at Wells Fargo Bank or were unable to modify "predatory" mortgage loans are demanding a meeting with the bank's CEO.
$20K Reward Offered To Find Gunman In Inglewood Armored Car RobberyA reward of up to $20,000 was announced Wednesday for help finding the gunman who robbed an armored car employee who was about to restock an ATM machine in Inglewood.
Evangelist Calls For Boycott Of Wells Fargo, Other LGBT-Friendly Companies American evangelist Franklin Graham has pulled his ministry's bank accounts out of Wells Fargo after taking to social media to call for a boycott of the bank and other gay-friendly companies.
Wells Fargo Bank Employees Allegedly Opened Unauthorized Accounts To Meet QuotasProsecutors say employees of Wells Fargo allegedly opened unauthorized accounts for customers and then charged them bogus fees.