Tag: Wells Fargo

• Friday, October 19th 2018 - 08:19 UTC

  Paris charm offensive to attract City of London workers with English schools

  

  The woman tasked with attracting City workers to Paris as Brexit rolls on is stepping up her charm offensive, with plans for a new private English school to cater for the wealthy. Marie-Celie Guillaume, the chief executive of La Defense – the business district in the west of Paris – is banking on family life being the key that unlocks a raft of new relocations from Britain to France.

• Friday, April 20th 2018 - 09:02 UTC

  Record one billion dollars penalty on Wells Fargo expected to be announced on Friday

  

  United States federal regulators are poised to impose a US$ 1 billion penalty on Wells Fargo for a variety of alleged misdeeds, including forcing customers to buy auto insurance policies that they didn't need, according to people briefed on the regulatory action.

• Thursday, October 13th 2016 - 14:47 UTC

  Wells Fargo bank accounts' scandal leads to a major reshuffle

  

  Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan, 56.

• Thursday, October 25th 2012 - 06:39 UTC

  US sues Bank of America for mortgage fraud; ex Goldman & Sachs, two years in jail

  

  Bank of America is being sued for 1bn dollars for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York.

• Wednesday, April 28th 2010 - 06:29 UTC

  Banks Serving Rich Argentines Moving from Bs. As. to Miami and Montevideo

  

  More than ten investment banks, including Wells Fargo, HSBC, Merrill Lynch and Credit Suisse, will leave Argentina in the coming weeks, a Buenos Aires newspaper reported Monday.