Wells fargo forex scandal

Wells Fargo to pay $3 billion to U.S., admits pressuring workers in fake-accounts scandal The agreement resolves the civil and criminal liability regarding Wells Fargo's fake-accounts scandal Former Head of FX Trading at Wells Fargo refuses to give ... Nov 20, 2018 · Former Head of FX Trading at Wells Fargo refuses to give info in Forex benchmark rate fixing case. Simon Fowles, ex-Head of FX Trading at Wells Fargo, insists he has no personal knowledge of matters relating to the lawsuit targeting top banks like JP Morgan and Bank of America. Five Steps for Wells Fargo to Rebound from Scandal ... The scandal at Wells Fargo has knocked the company off its pedestal as the nation's largest bank. Notwithstanding, the bank is still huge and an important player in the global financial system and economy. So, it is imperative that the company move forward to put the scandal behind it. Wells Fargo at it Again, Faces Suit Over 401(k) Plan ... Wells Fargo Accused of Violating ERISA Rules. Participants of a retirement savings plan offered by Wells Fargo sued the banking giant and fiduciaries, claiming that the executives violated the Employee Retirement Income Security Act of 1974 (ERISA) by using some of its own investments while ignoring cheaper and potentially better-performing options.

You Didn’t Think Wells Fargo Could Get Away With Just ...

Wells Fargo Review Finds 1.4 Million More Suspect Accounts ... Aug 31, 2017 · Wells Fargo Review Finds 1.4 Million More Suspect Accounts. Wells Fargo is trying to rebuild its reputation after a scandal over the creation of potentially fraudulent bank accounts. How The Wells Fargo Phony Account Scandal Sunk ... - Forbes Sep 23, 2016 · Text by Maggie McGrath/ Graphics by Nick DeSantis For decades, a long-touted Wells Fargo sales strategy put banking products in the hands of …

Nov 28, 2017 · While Wells Fargo's retail employees cited demanding quotas and a pressure-cooker environment in the fraud scandal, those in the bank's foreign exchange operation pointed to the company's bonus plan.

U.S. investigating forex trading at Wells Fargo: WSJ - Reuters The forex problems are the first indication Wells Fargo’s issues may extend to its institutional businesses, which according to Wells Fargo have seen relatively little impact from the scandal. 'Wells Fargo Loves To F*ck Their Clients ... - Dealbreaker Jan 14, 2019 · Add a "Forex" subsection to Wells Fargo's lengthy compendium of sins. from the checking/savings account shenanigans that kicked off the scandal to … Federal Reserve Shackles Wells Fargo After Fraud Scandal ... Feb 02, 2018 · Wells Fargo’s board has already undergone a makeover in the wake of the scandal, although half of its current board — eight members — were there …