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TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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NEWSLETTERS & ALERTS
WELLS: Aftermath of CEO John Stumpf's Resignation
Sen. Elizabeth Warren Goes on Tirade After Wells CEO Retires. Warren said former Wells Fargo CEO John Stumpf needed to do more in the wake of a sales scandal
CEO John Stumpf Offered Up as Political Sacrifice to Beltway Gods. The political class got its 2nd ritual sacrifice for the sins of Wells Fargo with the resignation of Chairman and CEO John Stumpf; he had already forfeited $41mn in unvested equity grants.
Wells Fargo Still Needs to Admit Its Fundamental Error. Replacing Stumpf with President and COO Timothy Sloan appears to strike the right balance between fresh thinking and reassuring continuity. At the same time, Sloan now faces a strengthened, more independent board of directors.
WFC: Once Golden Child of Banking Industry. For years Wells Fargo was the golden child of the banking industry, cultivating an image as a folksy outsider focused on plain-vanilla lending rather than complicated Wall Street products.