WASHINGTON (AP) — Randal Quarles, who is vice chairman for supervision at the Federal Reserve, says he will recuse himself from participating in matters specific to Wells Fargo & Co. The Fed announced the decision on Friday, saying Quarles wanted to "avoid even the potential appearance of a conflict of interest." Quarles noted that he had severed all financial ties he and his immediate family had with the bank, including selling off his stock in the banking giant.
Similar Stories to Quarles Recuses Himself From Wells Fargo Matters on Bing News
By MARTIN CRUTSINGER, AP Economics Writer, Seattle Post-Intelligencer: Business
Fri, 12/15/2017 - 2:28pm
BING NEWS:
- Former Wells Fargo Executive Pays $40,000 Fine, Exits Banking Industry After Allegedly Misleading Customers and Falsifying Documents
A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking industry.
04/28/2024 - 7:04 am | View Link - Wells Fargo Remains a Hold on Salesforce (CRM)
Wells Fargo analyst Michael Turrin maintained a Hold rating on Salesforce (CRM – Research Report) on April 26 and set a price target of ...
04/28/2024 - 5:27 am | View Link - Aramark workers planning 2nd strike for 76ers playoff game at Wells Fargo Center
This will mark the second walkout for employees at the Wells Fargo Center over stalled contract negotiations and concerns over wages. The first took place earlier this month ahead of a Sixers-Pistons ...
04/28/2024 - 5:26 am | View Link - Wells Fargo Center could be renamed as buyers talk with two potential anchor tenants
As reported, ownership of the Wells Fargo Center conveyed the Downtown tower and two parking garages April 22 to Argentic at a value of a combined $46.35 million. A New York City-based limited ...
04/26/2024 - 2:18 pm | View Link - Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte
One picture on the flyer showed a group of smiling workers in Apex, the first North Carolina bank branch to join Wells Fargo Workers United, a National Labor Relations Board certified union that’s ...
04/26/2024 - 9:21 am | View Link - More
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