Remaining hurdles for scandal-hit Wells Fargo [Reuters]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Reuters
Remaining hurdles for scandal-hit Wells Fargo (Reuters) - Wells Fargo & Co ( WFC.N ) and its officials have racked up well over $4 billion (3 billion pounds) in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds. Here are some of the remaining shoes that have yet to drop: Probes: A number of federal agencies are examining the bank and its employees for potential wrongdoing. The Department of Justice is looking into whether executives withheld details about fake accounts to the Wells Fargo board of directors and the Office of the Comptroller of the Currency, the lead regulator for national banks, Reuters has reported. The U.S. Securities and Exchange Commission’s Philadelphia office, meanwhile, has been investigating whether Wells Fargo misled investors by inflating performance metrics and whether the bank penalized whistleblowers, Reuters also reported. The Department of Labor is also examining whether the bank acted on staff whistleblower com
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News
- Wells Fargo Expands Down Payment Grant Program to Help Bridge Homeownership Gap [Yahoo! Finance]Yahoo! Finance
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- US Demand Is Still Resilient, Even If GDP Doesn't Show It [Yahoo! Finance]Yahoo! Finance
- US Demand Is Still Resilient, Even If GDP Doesn't Show It [Financial Post (Toronto, Ontario, Canada)]Financial Post
- US Demand Is Still Resilient, Even If GDP Doesn't Show It [BNN Bloomberg (Canada)]BNN Bloomberg
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/25/24 - Form 424B2
- 4/23/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- WFC's page on the SEC website