According to Berkshire Hathaway CEO Warren Buffett, Wells Fargo should look beyond Wall Street for their next CEO. Here's what he said.
Read More »A Look Back at Tim Sloan’s Wells Fargo Tenure
With the President and CEO of Wells Fargo now set to retire in a few months, MReport examines his time at the head of the bank, and where WF will go from here.
Read More »Senators Call for Removal of Wells Fargo’s Sloan
In a letter to Federal Reserve Chairman Jerome Powell, Senators Elizabeth Warren and Sherrod Brown have urged for Wells Fargo’s growth restrictions not to be lifted until Wells Fargo President and CEO Tim Sloan is removed.
Read More »Two Hearings on the Hill: Wells Fargo and CFPB
In two separate congressional committees today, the Director and the CEO were both faced with tough questions. Click through to read the latest.
Read More »Senator Asks the Fed to Punish Major Bank’s CEO
A major figure in the U.S. Senate has urged the Federal Reserve to keep one of the biggest banks in the country under sanctions—unless or until the bank fires its CEO. Get the story here.
Read More »Buffett in Wells Fargo CEO’s Corner
Despite Senator Warren’s calling of Wells Fargo CEO Tim Sloan to be fired, Warren Buffett said Sloan still has his faith. Take a look at Tuesday morning’s highlights from the U.S. Senate Committee on Banking, Housing, and Urban Affairs full committee hearing titled “Wells Fargo: One Year Later.”
Read More »Wells Fargo Acquires $51 Billion in MSRs from Seneca
Wells Fargo will take over billions in mortgage servicing rights from Seneca Mortgage Investments, which will stop servicing loans altogether.
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