Wells Fargo could make interim CEO permanent

Credit: bizjournals- Published on June 10, 2019
Wells Fargo is reportedly considering making interim CEO Allen Parker’s appointment permanent. Parker succeeded Tim Sloan, who stepped down in March. Parker joined Wells (NYSE: WFC) in 2017 as general counsel, coming over from New York-based law firm Cravath Swaine & Moore. Wells Fargo has had a CEO search underway since...

Credit: Wochit News
Published on June 7, 2019 -  01:00
Wells Fargo Pay Out Customers
Wells Fargo & Co will pay customers at least $386 million to settle class-action claims that the bank signed them up for auto insurance they did not want or need when they took out car loans. Reuters reports the proposed settlement was disclosed in filings on Thursday with the U.S. District Court in Santa Ana, California, and requires a judge’s approval.

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