Unauthorized Wells Fargo Accounts
Wells Fargo Chair and CEO John Stumpf appeared before the Senate Banking Committee to discuss his company’s settlement with federal officials in which Wells Fargo agreed to pay $185 million …
53,323 viewsWells Fargo Chair and CEO John Stumpf appeared before the Senate Banking Committee to discuss his company’s settlement with federal officials in which Wells Fargo agreed to pay $185 million …
53,323 viewsMembers of the Financial Stability Oversight Council (FSOC) testified at a hearing on the council’s agenda and operations.
1,009 viewsLeaders of federal financial agencies testified on the status of the the rulemaking finalization process and reform policies included in the Dodd-Frank financial regulations law.
914 viewsMembers of the Financial Stability Oversight Council (FSOC), which was created as a provision of the 2010 financial regulations law, held a meeting on cyber security. Among the topics they a…
401 viewsComptroller of the Currency Thomas Curry spoke on the fifth year anniversary of the bankruptcy of the Lehman Brothers investment firm. He stated that banks and other financial institutions m…
126 viewsGovernment regulators testified on their efforts in implementing the 2010 Dodd-Frank financial regulations law and its provisions to improve financial stability and mitigate systemic risk.
301 viewsThe Senate Permanent Subcommittee on Investigations questioned representatives from the Office of the Comptroller of the Currency, the primary banking regulator. Senate investigators had bee…
1,692 viewsGovernment regulators testified on the implementation of the 2010 Dodd-Frank financial regulations law. There was occassional applause, such as when Senator Warren said that she was concerne…
907 viewsJustice Department officials announced that Wells Fargo had agreed to pay $175 million to settle accusations of unfair and discriminatory lending practices to African Americans and Hispanics…
365 viewsFederal regulators testified on JPMorgan Chase’s $2 billion trading loss on May 10, 2012, and business practices in the banking industry. Among the topics addressed were risk management prac…
1,284 viewsThe heads of federal financial oversight agencies testified on on the implementation of the 2010 Dodd-Frank financial regulations law, focusing on derivatives. They also focused on a $2 bill…
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