Wells Fargo fires 5, for creating phony accounts. Morgan's stock jumps after Warren Buffett's Berkshire Hathaway adds 1. An analysis conducted by a consulting firm hired by Wells Fargo concluded that bank employees opened over 1.
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Ja, ich möchte über aktuelle News und unverbindliche Produktangebote per E-Mail informiert werden. Danke für Ihr Vertrauen. The CFPB described this practice as "widespread. Additionally, Wells Fargo employees also submitted applications for , credit card accounts without their customers' knowledge or consent.
The bank listed , employees as of the end of The CFPB declined to comment on when the investigation began and what sparked it, citing agency policy. As part of the settlement, Wells Fargo needs to make changes to its sales practices and internal oversight.
He asked Wells Fargo about it and the bank closed it, he said. Feuer's office sued Wells Fargo in May over allegations of unauthorized accounts. After filing the suit, his office received more than 1, calls and emails from customers as well as current and former Wells Fargo employees about the allegations.
Wells Fargo declined to say when it hired a consulting firm to investigate the allegations. Even though the Wells Fargo scandal took place nationally, the settlement with L. We're no longer maintaining this page.