Regulation
Wells Fargo Ex-CEO Stumpf Pays $2.5 Million to Settle SEC Charges He Misled Investors
Former Community Bank head Carrie Tolstedt has also been charged by the regulator.
Tag: Wells Fargo
Market Moves
Ebbing M&A Activity May Just Be Rebounding, Says Wells Fargo
The economic slump has held down merger action in 2020.
Coronavirus - COVID-19
Wells Fargo Predicts 10-Year T-Note Will Rise Above 1%
Now at a 0.63% yield, the benchmark bond should move up due to better economic and virus news, says bank’s strategist.
Corporate Moves
Wells Fargo to Pay $3 Billion Settlement for ‘Gaming’ Investors
Payment includes $500 million civil penalty distributed to investors by SEC.
Research
Low Inflation, Eh? Just Look at Housing Costs
Recent CPI blip owes a lot to shelter, which is a third of the price gauge and rising at 3% yearly.
Corporate Moves
Does Anybody Want to Be Wells Fargo’s Next CEO?
Plagued by scandals, big bank Wells Fargo is having a tough time finding a new chief executive.
Newsmakers
Wells Fargo Settles Derivatives Lawsuit with Pensions for $320 Million
Settlement resolves accusations that Wells Fargo breached its fiduciary duties.
Regulation
Chattanooga’s Fire and Police Pension Fund Sues Wells Fargo
Tennessee fund accuses trustee of committing ‘systemic nondisclosures.’
Wells Fargo: Bull Market to Extend Through 2018, but End may not Be Far
International markets to lead growth, active management to make a resurgence.
Newsmakers
Comptroller Stringer Responds to Reports that Wells Fargo’s Sanger Will Step Down
In the wake of an auto insurance scandal, Stringer feels the board has more work to do.