Laura J. Keller

The decision also affects David Carroll, who leads wealth and investment management, according to the firm.

The move is intended to better satisfy clients who are increasingly asking for more clarity, according to the firm.

The firm also asked for the suits filed in federal court to be thrown out.

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.

CtW Investment Group joins U.S. lawmakers and other labor activists demanding senior-level accountability after the bank opened accounts without customers’ authorization.

The Massachusetts senator and other politicians blast John Stumpf’s handling of the cross-selling scandal.

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.

John Stump, once seen as the All-American Main Street banker, is now battling to restore the bank's reputation.

The lender eliminated production goals in effort to reassure regulators, lawmakers and customers after employees opened more than 2 million accounts without clients’ approval.

The bank can adapt to adjustments needed to deal with claims it opened 2 million customer accounts without authorization, according to CFO John Shrewsberry.

A lawyer for the bank had argued in a federal court that the severance proposal was a confidential settlement offer that shouldn't be public.

Vice Chairmen Dan Cummings and Sam Chapin, who helped meld the wealth management firm to the bank after the financial crisis, are stepping down.