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The decision also affects David Carroll, who leads wealth and investment management, according to the firm.
By Laura J. KellerMarch 1 -
The move is intended to better satisfy clients who are increasingly asking for more clarity, according to the firm.
By Laura J. KellerFebruary 1 -
The firm also asked for the suits filed in federal court to be thrown out.
By Chris DolmetschNovember 28 -
Prosecutors served a warrant seeking names of employees who opened unauthorized accounts, as well as the bank’s fee structure and a calculation of losses suffered by affected customers.
By Kartikay MehrotraOctober 20 -
CtW Investment Group joins U.S. lawmakers and other labor activists demanding senior-level accountability after the bank opened accounts without customers’ authorization.
September 26 -
The Massachusetts senator and other politicians blast John Stumpf’s handling of the cross-selling scandal.
By Laura J. KellerSeptember 20 -
U.S. attorneys have opened criminal inquiries to look into both potential corporate and individual wrongdoing, according to a person familiar with the Justice Department investigation.
By Pam MacLeanSeptember 15 -
John Stump, once seen as the All-American Main Street banker, is now battling to restore the bank's reputation.
By Laura J. KellerSeptember 15 -
The lender eliminated production goals in effort to reassure regulators, lawmakers and customers after employees opened more than 2 million accounts without clients’ approval.
By Laura J. KellerSeptember 13 -
The bank can adapt to adjustments needed to deal with claims it opened 2 million customer accounts without authorization, according to CFO John Shrewsberry.
By Laura J. KellerSeptember 13