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Wells Fargo to pay $110 million to settle fake account suit

Wells Fargo has agreed to pay $110 million to settle a class-action lawsuit over up to 2 million accounts that its employees opened for customers without getting their permission, the bank announced Tuesday. Authorities [Read entire story]

Wells Fargo still feeling impact of sales practices scandal

Wells Fargo is still seeing fewer people at its bank branches as well as a decline in checking account openings as the scandal over its sales practices takes its toll. Wells Fargo said Monday that customers opened 40 [Read entire story]

Wells Fargo CEO says fixing fake accounts will take more time

Wells Fargo CEO Tim Sloan said the company could need several more months to resolve customer damage tied to its massive sales practices scandal, such as figuring out if people had trouble getting approved for other [Read entire story]

Wells Fargo overhauls pay plan for bank branch employees

Wells Fargo announced a complete restructuring Tuesday of how it pays tellers and other bank branch employees, with incentives now tied to how often customers use their accounts, as the company tries to right itself [Read entire story]