• Wells Fargo's Latest Misconduct Involves Its Corporate Customers

    6 days ago - By Fortune

    Wells Fargo keeps digging itself into a bigger and more serious hole.
    The Wall Street Journal discovered that some employees in a Wells Fargo unit that handles business banking improperly altered information on documents related to corporate customers. The altered information included social security numbers, addresses, and dates of birth.
    Ironically enough, the incident occurred at the end of 2017 and into early 2018 as Wells Fargo was trying to meet a deadline to comply with a regulatory consent order related to the bank's anti-money-laundering controls. The bank has reported the problem...
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  • Wells Fargo shares sink on report that employees altered customer documents in its business-banking unit

    6 days ago - By CNBC

    Employees in Wells Fargo's wholesale division added or altered information on business accounts without customers' knowledge, WSJ reports
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  • Wells Fargo employees altered business customers' information: WSJ

    6 days ago - By Reuters

    Some employees in a Wells Fargo & Co unit that handles business banking improperly changed information on documents related to corporate customers, the Wall street Journal reported on Thursday, citing people familiar with the matter.
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