Observations
Sep 21, 2023Wells Fargo is still grappling with the fallout from its fake accounts scandal that came to light seven years ago. The lender is at a critical juncture as it strives to overhaul its risk and control functions under the threat of further regulator sanctions, including the possibility of being broken up.
Observations
Aug 08, 2023ICYMI: The forced acquisition of scandal-ridden Credit Suisse by its rival UBS in June this year has raised concerns about "cultural contamination" as thousands of Credit Suisse employees are absorbed into the acquiring organization.
