Banks Now Hit with Whopping $549 Million in Penalties
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Banks have now been hit with a whopping $549 million in penalties by the SEC for failing to maintain electronic records of employee communications.
Wells Fargo Freezes New Deposits in Painful Scandal
Wells Fargo froze new deposits in what seems to be one of its most painful scandals, affecting customers nationwide.
Wells Fargo Banks to Quickly Close Down This Year
Wells Fargo (NYSE:WFC) banks have been quickly closing down this year with another big location scheduled to close this fall.
Morgan Stanley CEO Steps Down in Middle of Banking Meltdown
Morgan Stanley (NYSE:MS) CEO James Gorman said on Friday he plans to step down as CEO this year. Here's today's banking news.
Wells Fargo Agrees to Pay $1 Billion in New Lawsuit
Wells Fargo has agreed to pay shareholders $1 billion to settle a new class action lawsuit after its 2016 fake-accounts scandal.
