Remaining hurdles for scandal-hit Wells Fargo [Yahoo! Finance News]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Yahoo! Finance News
) - Wells Fargo & Co 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, 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, also reported. The Department of Labor is also examining whether the bank acted on staff whistleblower complaints. Consent orders: Wells Fargo is currently operating under roughly 14 con
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News
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WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/23/24 - Form 8-K
- 4/23/24 - Form PX14A6G
- 4/23/24 - Form 424B2
- WFC's page on the SEC website