Keyword Analysis & Research: wells fargo bank

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What are the problems with Wells Fargo Bank?

While Wells Fargo’s finances are fundamentally sound, the bank faces a daunting list of problems: litigation, with hundreds of millions of dollars on the line; more than a dozen restrictions imposed by federal regulators; a largely demoralized work force that is chafing under the bank’s leadership; and rigorous scrutiny of the bank’s next leader ...

What is the Wells Fargo banking scandal?

The Wells Fargo account fraud scandal is an ongoing controversy brought about by the creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent. News of the fraud became widely known in late 2016 after various regulatory bodies,...

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