Wells Fargo’s $125 Million Fine For Employees Using Personal Messaging Marks Latest Run-In With Regulators And Courts

Wells Fargo’s $125 Million Fine For Employees Using Personal Messaging Marks Latest Run-In With Regulators And Courts

Updated Aug 10, 2023, 01:36pm EDT Topline Wells Fargo will pay $125 million in fines to the Securities and Exchange Commission after employees were found to be using personal text messages and emails to conduct business that legally needed better record-keeping, regulators said Tuesday, adding to the long list of legal run-ins the company has … Read more

Barclays and Deutsche Bank Aren’t Delivering the Goods

Barclays and Deutsche Bank Aren’t Delivering the Goods

NatWest Group Plc got all the bad publicity last week after a political storm over its dealings with a provocative client led its chief executive officer to resign. But UK rival Barclays Plc was a bigger loser in the stock market and is still among the lowest valued major banks in Europe. Barclays’s second-quarter results … Read more