Here’s what Warren Buffet said at the Annual General Meeting. Warren Buffett, the chairman of Berkshire Hathaway Inc, has come down hard to Wells Fargo & Co for wantonly allowing employees to sign up customers for bogus accounts. Although Wells… Read More ›
Wells Fargo
Wells Fargo shifts its international business within its wholesale banking division
Before too much is read into this move, Wells Fargo’s spokesman has clarified that it wasn’t in response to its December resolution planning process failure. The third largest U.S. bank by assets, Wells Fargo & Co, has disclosed that it… Read More ›
Goldman Sachs settle class action lawsuit with $56.5 million
The lawsuit involves several leading banks which have conspired to rig rate benchmarks, commodities and securities prices. The remaining defendants in the lawsuit are HSBC Holdings Plc, BNP Paribas SA Morgan Stanley, UBS AG, ICAP, Wells Fargo & Co and… Read More ›