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Our board and management are committed to sound and effective corporate governance practices. Operating Committee Board of Directors Code of Conduct Governance documents Committees of the Wells Fargo Board QSR-02282026-6545352.1.18 LRC-0523 More resources ...
Omaha, Neb., June 6, 2023 Jennifer Hamann, executive vice president and chief financial officer, and Eric Gehringer, executive vice president – Operations, of Union Pacific Corporation (NYSE: UNP) will address the 2023 Wells Fargo Industrials Conference at 9 a.m. ET on Tuesday, June 13, 2...
Wells Fargo executives don't expect the asset cap on the bank to be lifted until at least 2025, according to Reuters.19The order limiting Wells Fargo to a maximum of $1.9 trillion in assets was imposed by the Federal Reserve in 2016. It will stay in place until regulators deem that the...
“The recent revelations of Wells Fargo’s fraudulent and abusive conduct targeting its own customers and overseen by its senior management are staggering,” Shawn Williams, a lawyer at Robbins Geller Rudman & Dowd, said in a statement. “While the resulting stock price declines have obviously ha...
The article reports on the appointment of three executives of Wells Fargo Retail Finance LLC. James Dore was promoted to the position of managing director of underwriting and portfolio administration. Stephen ...
Along with the millions taken back from other executives earlier this year, the roughly $180 million in clawbacks are among the largest in U.S. corporate history. Wells Fargo has also said it will pay $142 million to customers for damages caused by any accounts opened without their permissio...
Wells Fargo’s investment bank is a ‘five- to 10-year play’ The asset cap imposed on Wells Fargo in 2018 has forced the bank to operate as efficiently as it can. Jon Weiss, CEO of corporate and investment banking, tells Euromoney that risk management remains his priority. Dominic O’...
The retirements are part of a reorganization of the bank’s risk management functions. The corporate risk group is getting more power to stop or modify business activities, the Journal reported. “Strengthening and transforming how we manage risk is a top priority for Wells Fargo,” the company...
“We need tough new laws to hold corporate executives personally accountable and we need tough prosecutors who have the courage to go after people at the top. Until then, it will be business as usual. And at giant banks like Wells Fargo that seems to mean cheating as many customers, ...