Wells Fargo reportedly near settlements with SEC and DOJ over sales scandal

Norge Nyheter Nyheter

Wells Fargo reportedly near settlements with SEC and DOJ over sales scandal
Norge Siste Nytt,Norge Overskrifter
  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Wells Fargo is reportedly nearing settlements with the Securities and Exchange Commission and the Justice Department over its sales scandal.

and that he will pay $17.5 million for his role in the controversy.

Though management at first insisted a malfeasant few branch workers were responsible for the problem, the blame later shifted to top-down pressures from management to open as many accounts as possible via aggressive cross-selling.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

CNBC /  🏆 12. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Disney Plus India could add 6 million subscribers in 2020: Wells Fargo - Business InsiderDisney Plus India could add 6 million subscribers in 2020: Wells Fargo - Business InsiderA Wall Street firm forecasts that Disney Plus will have more subscribers in India by the end of 2020 than Netflix has there now after 4 years in the market
Les mer »

Disney Plus India could add 6 million subscribers in 2020: Wells Fargo - Business InsiderDisney Plus India could add 6 million subscribers in 2020: Wells Fargo - Business InsiderA Wall Street firm forecasts that Disney Plus will have more subscribers in India by the end of 2020 than Netflix has there now after 4 years in the market
Les mer »

Thyssenkrupp nears full sale of $17 billion elevator division - sourcesThyssenkrupp nears full sale of $17 billion elevator division - sourcesThyssenkrupp is nearing a full sale of its elevator division, three people famil...
Les mer »

America’s oil boom feels more like a bust for shale producersAmerica’s oil boom feels more like a bust for shale producersFracked oil and gas wells experience steep production declines compared to conventional wells. Developers keep drilling to maintain output and generate cash.
Les mer »



Render Time: 2025-04-04 17:46:45