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Carrie Tolstedt is a former Wells Fargo executive who retired and was fired for her role in the account fraud scandal. She pleaded guilty to obstructing a bank examination in 2023 and faced civil and criminal charges.
Allspring is a global asset management firm that spun off from Wells Fargo in 2021. It has $465 billion in AUM, 1300 employees, and operates from Charlotte, North Carolina.
Principal Financial Group is a global financial investment management and insurance company based in Des Moines, Iowa. It was founded as Bankers Life Insurance Company in 1879 and has four business segments: Retirement and Income Solutions, Principal Global Investors, Principal International, and Benefits & Protection.
In a recent Wells Fargo survey, respondents between the ages of 50 and 59 said that they had, on average, about $29,000 saved up. With pensions pretty much gone, and Social Security targeted for ...
Wells Fargo, in its proxy, urged investors to vote against the proposal. According to the board, New York submitted the same proposal to the company last year and a majority of investors supported it.
A class action lawsuit claims Wells Fargo violated a federal law by paying inflated prices to pharmacy benefit managers for drugs. The lawsuit seeks damages and penalties for tens of thousands of ...
Wells Fargo is a multinational financial services company and one of the "Big Four Banks" in the U.S. It offers banking, investment, insurance, and other products and services to over 70 million customers worldwide. Learn about its origins, mergers, scandals, and global presence.
C. Allen Parker is an American business executive and attorney who was the interim CEO and president of Wells Fargo. He was also the fifteenth presiding partner of Cravath, Swaine & Moore LLP, a leading New York law firm.