The K@W Network:
Assistant Professor of Legal Studies and Business Ethics
In response to a class-action lawsuit resulting from its fraudulent accounts scandal, Wells Fargo has petitioned a Federal District Court to force the bank's customers into arbitration.
Deutsche Bank’s troubles are pressuring global capital markets as liquidity concerns persist.
Wells Fargo chairman and CEO John Stumpf’s testimony before the Senate Banking Committee raised new questions about banking culture and incentives, but offered little clarity on what went wrong.
Wells Fargo’s latest revelations on errant practices could reverberate across the financial services industry.
A Fed proposal aims to prevent bank failures from widening into financial contagion. A better buffer would be higher equity capital, say experts.