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Federal investigators accused the bank, Des Moines' largest private employer, of overcharging employees for company stock Wells Fargo to pay $145 million in settlement over employee retirement ...
In 2019, Principal purchased Wells Fargo's institutional retirement and trust business (including 401k, pension, executive deferred compensation, employee stock ownership plans and asset advice business) for $1.2 billion. The deal was financed with cash and senior debt financing. [8]
Carrie L. Tolstedt is an ousted American banking executive and former head of the community banking division at Wells Fargo, [1] from which she retired in 2016 before the company's account fraud scandal came to light. In 2017, Wells Fargo retroactively fired Tolstedt for cause. In 2023, she would plead guilty to obstructing a bank examination.
The news of a Wells Fargo employee's body being found in her cubicle four days after her death has sparked outrage and questions nationwide. ... any funds you’ve saved for retirement in a 401(k) ...
In October 2014, a Wells Fargo employee earning $15 per hour emailed the CEO—copying 200,000 other employees—asking that all employees be given a $10,000 per year raise taken from a portion of annual corporate profits to address wage stagnation and income inequality. After being contacted by the media, Wells Fargo responded that all ...
Wells Fargo Launches My Retirement Plan SM Online Tool Helps Customers Meet Their Retirement Savings Goals CHARLOTTE, N.C.--(BUSINESS WIRE)-- Wells Fargo Retirement today announced the launch of ...
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