CEO of troubled Wells Fargo says bank is stronger

Business 03/12/19, 11:58

The CEO of beleaguered Wells Fargo is telling Congress the bank has cleaned up its act after a series of scandals that affected millions of customers.But Democrats - and some Republicans - on the House Financial Services Committee aren't buying it.Wells Fargo CEO and President Tim Sloan told the committee ...

Hampered by scandals, Wells Fargo’s profits stagnate

New York 01/15/19, 09:02

Wells Fargo, the consumer banking giant, said its fourth-quarter profits fell slightly on Tuesday as the bank remains restrained by federal regulators, who put a tight leash on it after years of scandals and missteps.The San Francisco-based bank said it earned a profit of $6.06 billion in the last three ...

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