Posts filtered by tags: Wells Fargo[x]


 

Valley bookkeeper sentenced in Fashion District drug-money laundering scheme

LOS ANGELES — The San Fernando Valley bookkeeper for a Los Angeles Fashion District import-export textile company linked to a money laundering scheme to hide hundreds of thousands of dollars that came from drug traffickers was sentenced Thursday to three months of home detention for failing to report currency transactions over $10,000. Alma Villalobos, 56, of Arleta, was also ordered by U.S. District Judge John A. Kronstadt to pay a $1,000 fine and serve two years of probation. Villalobos pleade...
Tags: News, La, Los Angeles, Sport, Soccer, DEA, Local News, Wells Fargo, Southern California, Valley, U S Treasury Department, San Bernardino County, Morad, San Fernando Valley, Westwood, Villalobos


Wells Fargo Agrees to Pay $800,000 in 38 Studios Settlement

Wells Fargo Securities will pay an $800,000 civil penalty to settle a lawsuit with the Securities and Exchange Commission over Rhode Island’s failed deal with former Boston Red Sox pitcher Curt Schilling and his now-defunct video game company, 38 Studios, The Boston Globe reports. The proposed settlement was announced on Monday and is awaiting approval […]
Tags: News, Boston Red Sox, Rhode Island, Securities And Exchange Commission, Wells Fargo, Curt Schilling, Wells Fargo Securities, 38 Studios, Kingdoms of Amalur: Reckoning, Studios The Boston Globe


How to calculate your debt to asset ratio (+ check if it’s good)

Here’s what debt to asset ratio means: When you’re a business (i.e. you have your own business or side hustle ), your debt to asset ratio represents the total amount of debt you owe compared to your total amount of assets. This determines how much lenders will be willing to give you AND helps you be aware of how much you owe to creditors. If you’re an individual, the debt to asset ratio won’t be as relevant to you…but your debt to INCOME ratio will be. That’s the number representing the total a...
Tags: Personal Finance, Marketing, Hamilton, Wells Fargo, Mary, Jeff, Michigan State University, IWT, Credit cards Bank, Adam Kantrovich


$800K Wells Fargo penalty OK'd in Schilling video game deal

A federal judge has approved an agreement for Wells Fargo Securities to pay an $800,000 civil penalty to end a lawsuit by the U.S. Securities and Exchange Commission over Rhode Island's failed $75 million deal with former Boston Red Sox pitcher Curt Schilling's video game company, 38 Studios.
Tags: Finance, Article, Associated Press, Boston Red Sox, Rhode Island, Wells Fargo, Providence, U S Securities and Exchange Commission, FBN, Curt Schilling, Wells Fargo Securities, Fbn/markets, Fox-business/markets, R.I, D0d4fe16-90e9-5c83-bfd0-09cae62134b6


NY-Based Goldman Sachs and Wells Fargo Turn Back Investor Climate Change Resolutions

In-house lawyers at Wells Fargo and Goldman Sachs have successfully fought off climate-related proxy resolutions sought by activist investors with the U.S. Securities and Exchange Commission recently granting the banks' motions to exclude the resolutions from shareholder consideration.
Tags: Science, Goldman Sachs, Wells Fargo, U S Securities and Exchange Commission


JPMorgan just named its top cyber executive to run tech for retail banking as it steps up its focus on security (JPM)

JPMorgan Chase named Rohan Amin, previously the firm's global chief information security officer, the chief information officer of its consumer and community banking division. Jason Witty, who previously served as US Bancorp's CISO, has been named JPMorgan's global CISO and head of cybersecurity and technology controls.  Amin replaced Saul Van Beurden, who left the bank earlier this year for Wells Fargo, where he now serves as its head of technology. JPMorgan Chase has promoted its top cyber ...
Tags: Trends, Lockheed Martin, Business Insider, Wells Fargo, Jpmorgan, JPMorgan Chase, Rohan, Amin, CISO, US Bancorp, CCB, Lori Beer, Saul Van Beurden, Rohan Amin, Jason Witty, Business Insider Amin


JPMorgan promoted its top cyber executive to run technology for its retail business and it shows how seriously the bank is taking security (JPM)

JPMorgan Chase named Rohan Amin, previously the firm's global chief information security officer, the chief information officer of its consumer and community banking division. Jason Witty, who previously served as US Bancorp's CISO, has been named JPMorgan's global CISO and head of cybersecurity and technology controls.  Amin replaced Saul Van Beurden, who left the bank earlier this year for Wells Fargo, where he now serves as its head of technology. JPMorgan Chase has promoted its top cyber ...
Tags: Trends, Lockheed Martin, Business Insider, Wells Fargo, Jpmorgan, JPMorgan Chase, Rohan, Amin, Mount Rushmore, CISO, US Bancorp, CCB, Lori Beer, Saul Van Beurden, Rohan Amin, Jason Witty


Wells Fargo agrees to $800,000 penalty in 38 Studios case

PROVIDENCE, R.I. (AP) — Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island’s failed $75 million deal with former Boston Red Sox pitcher Curt Schilling’s video game company. Wells Fargo and the SEC announced the proposed settlement in court filings Monday. […]
Tags: Business, News, Sports, Ap, Nation, SEC, Boston Red Sox, Rhode Island, Wells Fargo, Providence, U S Securities and Exchange Commission, Curt Schilling, Wells Fargo Securities


How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of now-disgraced blood-testing startup Theranos

Theranos at one point had a star-studded board of directors, including military leaders and former secretaries of state.  In HBO's "The Inventor: Out For Blood In Silicon Valley," director Alex Gibney spoke to reporters who wrote the first major profiles of the now-disgraced blood-testing company in 2014.  The reporters spoke to Theranos's board members, who explained why they were backing Theranos founder Elizabeth Holmes.  "The Inventor" is available on HBO now.  Theranos founder Elizabeth ...
Tags: Hbo, US, Trends, Food And Drug Administration, Beethoven, Silicon Valley, Alex Gibney, Fortune, US Navy, Wall Street Journal, New Yorker, White, Theranos, Elizabeth Holmes, Wells Fargo, State


What Frequent Flyer Program Executives Miss and What’s Worse Than Wells Fargo and Spirit?

A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips. Continue reading What Frequent Flyer Program Executives Miss and What’s Worse Than Wells Fargo and Spirit?...
Tags: Travel, Advice, Wells Fargo


Builder confidence holds steady

Builder confidence remained steady in March with the Housing Market Index (HMI) at 62, on a 0-100 scale, after climbing the past two months.
Tags: Radio, New Homes, Homes, Wells Fargo, Permits, HMI, Markets & Economy, News Brief, NAHB, Randy Noel


Wells Fargo Sued By 63-Year-Old Pastor They Wrongfully Accused of Forging Checks

Wells Fargo has been hit with a lawsuit from a 63-year-old pastor at the United Methodist Church of Parsippany. Wells Fargo sent his ATM photos to the police, which he says led to false arrest, malicious prosecution -- and humiliation. NJ.com reports: In the lawsuit filed Thursday in Morris County Superior Court, attorneys for the 63-year-old pastor sought unspecified damages against Wells Fargo, which has come under fire over a series of scandals in recent years. Also named were the State Polic...
Tags: Tech, Wells Fargo, Edwards, Slashdot, State Police, Parsippany, Holmdel, United Methodist Church of Parsippany Wells Fargo, Morris County Superior Court, State Police Facebook, Jeff Edwards Wells Fargo


Yesterday’s Scandal, Today’s Mandate: Antis Embraces Operation Choke Point as Policy

Opinion U.S. Rep. Carolyn Maloney Fairfax, VA – -(Ammoland.com)- On Tuesday, U.S. Rep. Carolyn Maloney (D-NY) unabashedly embraced the tactics behind one of the most shameful policies of the Obama era, openly using the guise of her federal authority to berate and not so subtly threaten a bank for lawfully serving businesses that don’t reflect her political views. While the media did their best to protect Barack Obama and his administration from any hint of scandal, two gun related issues man...
Tags: Guns, Obama, Congress, White House, America, Barack Obama, Fbi, House, Wells Fargo, Nra, Sloan, House Financial Services Committee, OCP, Maloney, Carolyn Maloney, Gun Rights News


Choice Ammunition Expands Their “Cowboy Choice” Line of Premium Ammo

Cowboy Badwater Dan Swears by Choice Ammunition “Cowboy Choice” Premium Ammo Montana – -(AmmoLand.com)- Choice Ammunition, manufacturers of premium, 100% hand-loaded pistol and rifle ammunition continues to expand their “Cowboy Choice” line. Cowboy Action Shooting (CAS), with oversight of Single Action Shooting Society (SASS), is one of the fastest growing shooting sports in the country. The fun begins with old west costumes and “alias” names like Choice Ammunition's own, “Badwater Dan” who ...
Tags: Guns, Wells Fargo, Sass, Wemple, CAS, Ammunition News, Cowboy Action Shooting, Choice Ammunition, Jon Wemple, Cowboy Choice Ammunition, Single Action Shooting Society SASS, Cowboy Badwater Dan, Cowboy Choice line Cowboy Action Shooting CAS, Badwater Dan, Choice Ammunition Cowboy Choice, Cowboy Choice


Wells Fargo CEO Tim Sloan gets raise to $27m the day after being scolded by Congress

On Tuesday, lawmakers scolded Wells Fargo chief executive Tim Sloan for hours, telling him the bank had not done enough to rehabilitate itself after years of scandals about its practices toward customers. Some called for Sloan to... [Author: [email protected]]
Tags: Business, Congress, Wells Fargo, Sloan, Tim Sloan


Wells Fargo CEO's pay raise draws rare Fed response

Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, prompting the Federal Reserve to release a statement saying that it does not sign off on executive pay.
Tags: Money, businessNews, Federal Reserve, Wells Fargo, Fed, Wells Fargo Co, Tim Sloan


Wells Fargo CEO Tim Sloan's pay rose to $18.4 million last year

Wells Fargo CEO Tim Sloan's pay rose to $18.4 million in 2018, even as the bank continued an apology tour for customer abuses and faced massive regulatory penalties.
Tags: Cnn, Wells Fargo, Tim Sloan


Wells Fargo CEO draws bipartisan rebuke at tough House hearing

As CEO Tim Sloan laid out his efforts to clean up the mess left from the bank’s scandals, lawmakers suggested regulators and other authorities should be harder on the firm, potentially forcing out more executives or bringing criminal charges.
Tags: Business, News, House, Wells Fargo, Nation & World Politics, Tim Sloan


Wells Fargo CEO says scandal-ridden bank is stronger, congressional committee pushes back

The CEO of beleaguered Wells Fargo told Congress Tuesday the bank has cleaned up its act after a series of scandals that affected millions of customers. But Democrats — and some Republicans — on the House Financial Services Committee didn’t seem to be buying it. Wells Fargo & Co. President and CEO Tim Sloan told the committee the bank is compensating customers who had been harmed, strengthening risk management and internal controls, and improving the culture at the consumer banking giant. Wells ...
Tags: Congress, California, San Francisco, Sport, Soccer, Federal Reserve, Brad Sherman, Wells Fargo, Wells, Wells Fargo Co, Sloan, House Financial Services Committee, Tim Sloan, Wells Fargo CEO, Committee Chair Maxine Waters


CEO Says Wells Fargo Has Transformed After Scandals; Lawmakers Are Skeptical

Both Republican and Democratic lawmakers question whether Wells Fargo has changed its culture away from fraud and mismanagement that have led to billions in fines and penalties against the bank.(Image credit: Chip Somodevilla/Getty Images)
Tags: News, Wells Fargo, Democratic


Wells Fargo CEO Tim Sloan faces an angry Congress

Wells Fargo CEO Tim Sloan testified at a contentious hearing in front of the House Financial Services committee on Tuesday.
Tags: Congress, Cnn, Wells Fargo, House Financial Services, Tim Sloan


Wells Fargo CEO draws bipartisan ire in U.S. Congress hearing

Democratic and Republican lawmakers pressed Wells Fargo & Co Chief Executive Tim Sloan for proof that the bank has moved past a string of customer abuse scandals at a tense hearing in Congress on Tuesday.
Tags: Money, Congress, businessNews, Republican, Wells Fargo, Wells Fargo Co, Tim Sloan


CEO of troubled Wells Fargo says bank is stronger

WASHINGTON (AP) — The CEO of beleaguered Wells Fargo is telling Congress the bank has cleaned up its act after a series of scandals that affected millions of customers. But Democrats – and some Republicans – on the House Financial Services Committee aren’t buying it. Wells Fargo CEO and President Tim Sloan told the committee […]
Tags: Business, News, Congress, Washington, Ap, Wells Fargo, House Financial Services Committee, Tim Sloan


Wells Fargo's CEO says the bank has changed. Congress isn't so sure

Tim Sloan will face skeptical lawmakers when he testifies in front of the House Financial Services Committee Tuesday.
Tags: Congress, Cnn, Wells Fargo, House Financial Services Committee, Tim Sloan


Wells Fargo CEO heads to Congress amid claims that reforms are slipping

As the chief executive of Wells Fargo & Co. gets set to tell lawmakers that the bank is moving past its history of consumer abuses, a new report contends the embattled San Francisco financial institution is backsliding.
Tags: Business, News, Congress, San Francisco, Wells Fargo, Wells Fargo Co, Nation & World Politics


What to Watch When Wells Fargo’s CEO Returns to Congress

Sloan, who rose to chief executive officer of the fourth-largest U.S. bank in October 2016, appeared before the Senate Banking Committee just months later, telling lawmakers he had “a long to-do list.” Tuesday’s questioning poses both a chance for Sloan to tout what he’s checked off that list, and a risk that he’ll stumble in front of some of his harshest critics. Scandals at Wells Fargo erupted in 2016 on the revelation that bank employees opened millions of potentially fake accounts to meet s...
Tags: News, Congress, Wells Fargo, Sloan, Senate Banking Committee


Wells Fargo Says Its Culture Has Changed. Some Employees Disagree.

Regulators have said the bank cannot grow until it fixes practices that led to series of sales scandals. Employees report limited progress.
Tags: News, Wells Fargo, Sloan, Banking and Financial Institutions, Wells Fargo & Company, Timothy J


FDA Commissioner Scott Gottlieb's abrupt departure could prove a major win for e-cigarette and tobacco companies (MO, BTAFF)

FDA Commissioner Scott Gottlieb is abruptly resigning from the position after about two years in the office. He is reportedly leaving to spend more time with his family.  Gottlieb has been a harsh critic of e-cigarette use among young people and advanced tobacco proposals that would hit the industry hard. His departure could be a boon for e-cigarette and tobacco companies, and public health advocates worry that progress made under his leadership could be undone.  FDA Commissioner Scott Gottli...
Tags: Congress, Cdc, US, San Francisco, Trends, Walgreens, Connecticut, Food And Drug Administration, Fda, Donald Trump, Juul, Wells Fargo, Campaign for Tobacco Free Kids, Gottlieb, Bonnie Herzog, Scott Gottlieb


Welcome to the Land of Lawlessness – Tombstone Arizona

Welcome to Tombstone Arizona, the Land of Lawlessness. A place where drinking shots at the saloon bar, followed by trips to the service room to the ladies in waiting, and a gun fight or two is a common daily occurrence. Apart from the prostitution thing, is it strange that the thought of it makes you feel a little giddy? It’s not the debauchery and shoot outs that entice me, but the fact that control by outside forces is not in your face. I think all of us are a little enticed by that freedom. ...
Tags: Travel, Verizon, Usa, Hollywood, Cowboys, America, West, Arizona, Ed, Kate, North America, Grand Canyon, Destinations, Wells Fargo, Scottsdale, Val Kilmer


Amazon's reported grocery plans could re-define what a 'store' is (AMZN)

Amazon is reportedly looking to expand its foothold in the grocery arena, according to The Wall Street Journal. Word of Amazon's plans knocked down shares of grocery stores like Kroger, and have implications not only for traditional grocers, but for consumers. Morgan Stanley analysts expect this push, if it comes to pass, "to change consumers' in-store shopping experiences and expectations" and "re-define what a 'store' is." Watch Amazon trade live. Any investor could guess that Amazon's rep...
Tags: Amazon, Los Angeles, Trends, Walmart, Aldi, WFM, Morgan Stanley, Wall Street Journal, Jefferies, Journal, Whole Foods Market, Wells Fargo, Kroger, Kelly, AMZN, Mandeville