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Wells Fargo's share price fell 10.2% over two days in June 2022, wiping out more than $17 billion of market value, after the New York Times reported the Justice Department probe.
Carrie L. Tolstedt is an ousted American banking executive and former head of the community banking division at Wells Fargo, [ 1] from which she retired in 2016 before the company's account fraud scandal came to light. In 2017, Wells Fargo retroactively fired Tolstedt for cause. In 2023, she would plead guilty to obstructing a bank examination.
Map of Wells Fargo branches in August 2015 Wells Fargo branch in Berkeley, California A former Wachovia branch converted to Wells Fargo in the fall of 2011 in Durham, North Carolina American Express Co. early receipts (1853, 1869) Stagecoach with Christmas gifts at a Wells Fargo Bank, San Francisco Wells Fargo & Co. Express building circa 1860, Stockton, California Mud wagon — Wells Fargo U ...
Wells Fargo is reinstating some recruiting guidelines in the wake of a New York Times story that the bank conducted “fake interviews” of job candidates to prop up diversity efforts. In May, a ...
Title. CEO and president, Wells Fargo. Predecessor. C. Allen Parker. Spouse. Amy Scharf. Charles W. Scharf (born April 24, 1965) [ 1] is an American investment banker and business executive who is the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. [ 2] and BNY. [ 3][ 4]
In 2023, Wells Fargo was also sued by former CEO Tim Sloan, who claims the bank owes him more than $30 million in compensation. He retired in 2019 following a major scandal over fake customer ...
Website. archived official website. Norwest Corporation was a banking and financial services company based in Minneapolis, Minnesota, United States. In 1998, it merged with Wells Fargo & Co. and since that time has operated under the Wells Fargo name. [ 1]
From there, I worked in software architecture and design roles before moving into management. Prior to joining Wells Fargo, my career focused on digital, data and innovation in the healthcare ...