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Wed, 28 Sep 2016 23:24:47 GMT  


Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com Thu, 29 Sep 2016 02:46:41 GMT  

Wells Fargo suspended from doing business with California as state treasurer cites 'wanton greed'
Wells Fargo has been suspended from doing business with the State of California for the next 12 months, State Treasurer John Chiang announced on Wednesday, as the beleaguered bank continues to experience the fallout from its sales tactics scandal. Chiang called the Wells debacle "a legal and ethical outrage" that could not go unpunished and was the result of "wanton greed" and "reckless lack of institutional control." He also said that state's huge pension funds, CalPERS and CalSTERS, will now work…
Wells Fargo to end sales goals this weekend — not 2017
Scandal-plagued Wells Fargo reportedly will end sales goals for retail banking employees this Saturday, Oct. 1, rather than making the move in January 2017, as previously disclosed. Chairman and CEO John Stumpf will disclose the accelerated plans to end the sales goals as part of his prepared testimony to the House Financial Services Committee on Sept. 29, the Wall Street Journal reported. The optics of waiting to end sales goals until next year were downright awful, as if the bank didn't realize…
Wells Fargo suspended from doing business with California as state treasurer cites 'wanton greed'
Wells Fargo has been suspended from doing business with the State of California for the next 12 months, State Treasurer John Chiang announced on Wednesday, as the beleaguered bank continues to experience the fallout from its sales tactics scandal. Chiang called the Wells debacle "a legal and ethical outrage" that could not go unpunished and was the result of "wanton greed" and "reckless lack of institutional control." He also said that state's huge pension funds, CalPERS and CalSTERS, will now work…

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This is Money | Insurance Thu, 23 Jun 2011 22:29:02 GMT  

Compulsory car insurance rules come into force
Drivers must now insure their cars even if they're not using them, under new rules which come into force today Crushed Car
Excess costs rise as insurers squeeze claims
Insurers are increasing the excess costs that customers have to pay when making a claim, according to new research Woman relaxing in the garden
Do you feel mugged by your car insurer?
Wondered why your premium has rocketed? Astonishingly, it's not just fraud and greedy lawyers. No, your insurer is the REALculprit. two toy cars in a crash

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