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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

December 24, 2016 by · Leave a Comment 

U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a private lawsuit against the fourth-largest lender, to testify before a grand jury in San Francisco on Tuesday, according to a subpoena dated Dec. 12, which was seen by Reuters. A Wells Fargo spokesman declined to comment.

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U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe

evanston-illinois

Bayer in $66 billion bet that farmers will back linked-up supplies

September 17, 2016 by · Leave a Comment 

Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. Some farmers, though, are …

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Bayer in $66 billion bet that farmers will back linked-up supplies

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Deutsche Bank to fight $14 billion demand from U.S. authorities

September 17, 2016 by · Leave a Comment 

Deutsche BankĀ  said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank's expectations…

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Deutsche Bank to fight $14 billion demand from U.S. authorities

evanston-illinois

Wells Fargo faces proposed class action over bogus accounts

September 17, 2016 by · Leave a Comment 

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior. The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf

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Wells Fargo faces proposed class action over bogus accounts