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Spokane, Washington  Est. May 19, 1883
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Wells Fargo faces shareholders, protesters at annual meeting

Wells Fargo’s top management and board of directors apologized to investors and faced a series of protesters Tuesday at the first big shareholder meeting since a scandal over sales practices led to an executive shake-up, fines and a dented reputation.

Wells Fargo CEO, chairman buy $5 million of stock after review

Wells Fargo & Co. Chief Executive Officer Tim Sloan and Chairman Stephen Sanger bought more than $5 million of the company’s stock a week after the board published a report into its bogus account scandal to help rebuild investor confidence.

Advisory firm: Vote out most of Wells Fargo’s board

An influential firm that advises big shareholders says the majority of Wells Fargo’s board of directors should be removed at the bank’s annual shareholders meeting later this month, accusing the board of having a lack of oversight over the bank’s sales practices.

Wells Fargo rolls out card-free access at all of its ATMs

Starting on Monday, Wells Fargo will be the first major U.S. bank to offer a card-free option at all of its ATMs. The bank’s customers will be able to use their smartphones to access any of the bank’s 13,000 ATMs.

Wells Fargo CEO: Fixing fake accounts will take more time

Wells Fargo CEO Tim Sloan said the company could need several more months to resolve customer damage tied to its massive sales practices scandal, such as figuring out if people had trouble getting approved for other loans because of the fake accounts bank employees opened.

Business optimism back to pre-recession levels

Small business owners are as optimistic as they were before the Great Recession. That’s the finding of a quarterly survey by Wells Fargo, whose Small Business Index rose 20 points from three months ago to a reading of 100. That’s the highest level for the index since it reached 100 in the third quarter of 2007, a few months before the official start of the recession.

Wells Fargo cuts pay for CEO, other top executives

Wells Fargo’s board of directors slashed the bonuses and other compensation of its CEO and seven other top executives on Wednesday, a little more than a week after the board publicly fired four senior managers amid an investigation into the bank’s sales practices.

Wells Fargo offers to end Seattle’s banking contract now

Wells Fargo has offered the city of Seattle the chance to break its contract now, after the city council voted to cut ties with the banking giant over its role as a lender to the Dakota Access pipeline project as well as other business practices.

Wells Fargo splits chairman, CEO roles after sales scandal

Wells Fargo is splitting the jobs of chairman and CEO and making other major changes to the composition of its board of directors in an effort to make the bank more accountable following a scandal over sales practices.