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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

November 25, 2016 by · Leave a Comment 

Wells Fargo & Co has asked a U.S. court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. The motion, filed in the U.S. District Court in Utah on Wednesday, is in response to the first class action lawsuit filed…

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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

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Senior Italian bankers to meet Monday over sale of four banks: sources

October 3, 2016 by · Leave a Comment 

Italy's economy minister has called a meeting with some of the country's top bankers on Monday to discuss stalled efforts to sell four small banks that were rescued from bankruptcy last year, sources said. Bank of Italy Governor Ignazio Visco was expected to join the gathering, which comes just days after sources said the European Union had agreed to extend…

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Senior Italian bankers to meet Monday over sale of four banks: sources

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Bass Pro consortium in the lead to acquire Cabela’s: sources

October 3, 2016 by · Leave a Comment 

A consortium of Bass Pro Shops, Goldman Sachs Group Inc's private equity arm and Capital One Financial Corp is in the lead to acquire U.S. outdoor gear retailer Cabela's Inc , according to people familiar with the matter. It would come close to a year after Cabela's said it would explore strategic alternatives, including a potential sale, after coming under pressure from activist fund Elliott Management Corp. The exact price the Bass Pros consortium

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Bass Pro consortium in the lead to acquire Cabela’s: sources

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

October 3, 2016 by · Leave a Comment 

By Amanda Becker WHITE PLAINS, N.Y. (Reuters) – U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for consumers to take legal action against “bad corporate actors,” citing Wells Fargo & Co and Mylan Pharmaceuticals, according to a campaign official. While campaigning in Ohio, the Democratic nominee will explain how she would…

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

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U.S. Labor Department launches review of all Wells Fargo complaints

September 26, 2016 by · Leave a Comment 

By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Labor Department Secretary Thomas Perez on Monday pledged to conduct a “top-to-bottom” review of all cases, complaints and other alleged violations that…

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U.S. Labor Department launches review of all Wells Fargo complaints