Wells Fargo Still Feeling Impact Of Sales Practices Scandal

NEW YORK (AP) — Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll.

Sections:  news   business   
  • Wells Fargo still feeling impact of sales practices scandal
    Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking-account openings as the scandal over its sales practices takes its toll. But there is a silver lining for the San Francisco bank: Its February numbers are up ...
    03/19/2017 - 7:51 pm | View Link
  • Wells Fargo sees drop in checking account openings
    Wells Fargo ... are feeling or understanding or experiencing at that time." He added that in Wells Fargo's submission for capital returns, it is important the bank demonstrate an awareness of risks. With regard to the sales-practices issues, that might ...
    12/15/2016 - 11:35 pm | View Link
  • Wells Fargo Reports A 27 Percent Decline In New Accounts In October
    As for new accounts opened, Wells Fargo reported a 27 percent decline in linked month (LM) accounts and a 44 percent year-over-year decline “primarily due to a full-month impact of customer reaction to the sales practices ... Fargo is feeling the pain ...
    11/17/2016 - 11:33 pm | View Link
  • Wells Fargo New Account Openings Down 44%; Credit Card Applications Plunge By 50%
    "Because the sales practices settlement was announced on Sept. 8, October data reflects the first full month of impact," Mary Mack, head of Wells Fargo's community banking business, said in a statement. Since the scandal, Wells Fargo has launched an ...
    11/16/2016 - 11:10 pm | View Link
  • What the Wells Fargo Scandal Reveals About Big Banks
    What this reveals is that Wells Fargo as a whole created an environment in which their bottom line was far more important than the welfare of their customers. Employees reported feeling ... Fargo’s sales policies have had a significant impact, not ...
    11/14/2016 - 7:44 am | View Link
  • More
  • Stock Quote C Citigroup Inc.
    Insider Trading: Relationship: Date: Transaction: Cost: #Shares: Value ($) #Shares Total: SEC Form 4: CITIGROUP INC: 10% Owner: Sep 28: Buy: 100000.00: 55: 5,500,000 ...
    03/18/2017 - 3:55 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    03/18/2017 - 1:10 am | View Website
  • Chairman's Letter
    BERKSHIRE HATHAWAY INC. To the Shareholders of Berkshire Hathaway Inc.: Last year we made a prediction: "A reduction [in Berkshire's net worth] is almost certain in ...
    03/17/2017 - 4:06 pm | View Website
  • The Free List of Bank & Credit Union Repo Sales ...
    Repo Finder provides free repossessed bank cars for sale, bank repossessed cars, credit union repossessions, and ATV repo lists among other repo sales service lists ...
    03/16/2017 - 7:28 pm | View Website
  • Subprime mortgage crisis
    Causes of the United States housing bubble; Credit rating agencies and the subprime crisis; Government policies and the subprime mortgage crisis; Causes of the Great ...
    03/16/2017 - 4:36 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News