the latest Flash player

Wells Fargo sued for fraud

11:01 AM ET Wed, 6 May 2015

Los Angeles is suing Wells Fargo alleging that the bank encouraged its retail employees to commit fraud to meet sales target.

Watch CNBC Live TV

You May Like
‹
›
Latest Video
‹
- 03:25
  
  03:25 | 16 Mins Ago
  
  Here's the one chart that could prove we're closer to a market bottom than you think: Strategist
- 10:09
  
  10:09 | 18 Mins Ago
  
  It's a bank bloodbath as the sector gets crushed, so what's wrong with the banks?
- 01:44
  
  01:44 | 2 Hrs Ago
  
  What happens to PG&E if it's found to be the cause of the Camp Fire
- 04:16
  
  04:16 | 58 Mins Ago
  
  Apple shares just dipped into bear market territory – Here's what five experts say investors should know
- 03:54
  
  03:54 | 1 Hr Ago
  
  EU's Cecilia Malmstrom hopes that European Union nations will support the new draft Brexit deal
- 03:22
  
  03:22 | 2 Hrs Ago
  
  Fmr. British Parliament member talks next steps for Brexit
- 03:17
  
  03:17 | 2 Hrs Ago
  
  Booking CEO says travel sites are flying higher
- 01:16
  
  01:16 | 59 Mins Ago
  
  News Update – Market Close
- 01:25
  
  01:25 | 1 Hr Ago
  
  Berkshire Hathaway takes new $35.6 million stake in JPMorgan
- 01:29
  
  01:29 | 1 Hr Ago
  
  Uber's losses rose to nearly $1 billion, net revenue up 38 percent year-over-year in Q3
- 02:40
  
  02:40 | 1 Hr Ago
  
  Paul Meeks: Semis must rebound before Nasdaq can recover
- 05:01
  
  05:01 | 1 Hr Ago
  
  Citron's Andrew Left makes the bull case for Snap
- 09:45
  
  09:45 | 2 Hrs Ago
  
  Formula 1 CEO: Unique value to content that can’t be replicated
- 03:29
  
  03:29 | 2 Hrs Ago
  
  Apple's downturn a short-term problem with long-term solution, portfolio manager says
- 03:40
  
  03:40 | 2 Hrs Ago
  
  Higher rates create opportunity for investors, expert says
- 00:59
  
  00:59 | 2 Hrs Ago
  
  Cisco beats earnings, revenue expectations
- 03:27
  
  03:27 | 2 Hrs Ago
  
  Expert: Market looking for direction — it'll get it when the Fed announces rate hike decision
- 03:00
  
  03:00 | 2 Hrs Ago
  
  Dow closes lower for fourth straight day
- 02:47
  
  02:47 | 2 Hrs Ago
  
  As social stocks slump, one unlikely winner has emerged
- 09:04
  
  09:04 | 2 Hrs Ago
  
  Live Nation CEO: Demand for live music bigger than ever
- 08:30
  
  08:30 | 2 Hrs Ago
  
  We share U.S. criticisms of China trade: EU trade commissioner
- 05:35
  
  05:35 | 2 Hrs Ago
  
  Investor Paul Meeks warns Nasdaq downturn is in mid-innings, sees the trouble sliding into 2019
- 04:46
  
  04:46 | 2 Hrs Ago
  
  Citron’s Andrew Left breaks down his short on pot stock Tilray
- 00:39
  
  00:39 | 2 Hrs Ago
  
  AT&T expects full-year EPS at high end of range
- 05:36
  
  05:36 | 2 Hrs Ago
  
  Closing Bell Exchange: 'We are not panicking here'
- 00:55
  
  00:55 | 3 Hrs Ago
  
  Rep. Waters: Putting economy at risk of another financial crisis to end
- 29:52
  
  29:52 | 3 Hrs Ago
  
  How to outsmart the holiday shopping season
- 01:41
  
  01:41 | 3 Hrs Ago
  
  So what happens if the Dow drops under 25,000?
- 07:04
  
  07:04 | 3 Hrs Ago
  
  Should the Fed be more concerned about inflation?
- 00:59
  
  00:59 | 3 Hrs Ago
  
  News Update - Afternoon
›
Top Video
‹
- 08:30
  
  08:30 | 2 Hrs Ago
  
  We share U.S. criticisms of China trade: EU trade commissioner
- 05:36
  
  05:36 | 2 Hrs Ago
  
  Closing Bell Exchange: 'We are not panicking here'
- 05:34
  
  05:34 | 3 Hrs Ago
  
  Theresa May on Brexit: Withdrawal agreement best we could negotiate
- 07:04
  
  07:04 | 3 Hrs Ago
  
  Should the Fed be more concerned about inflation?
- 01:41
  
  01:41 | 3 Hrs Ago
  
  So what happens if the Dow drops under 25,000?
- 03:02
  
  03:02 | 3 Hrs Ago
  
  Trading Nation: Bears hunting Apple
- 04:07
  
  04:07 | 3 Hrs Ago
  
  Apple drags the Dow lower
- 03:08
  
  03:08 | 4 Hrs Ago
  
  Dallas mayor comments on city losing out on Amazon HQ2
- 02:03
  
  02:03 | 4 Hrs Ago
  
  Levi's looking to raise up to $800 million in IPO
- 03:00
  
  03:00 | 4 Hrs Ago
  
  Expert explains why Macy's stock dropped despite positive earnings report
- 01:58
  
  01:58 | 4 Hrs Ago
  
  Pound plunges as UK prime minister said to cancel Brexit statement
- 01:33
  
  01:33 | 5 Hrs Ago
  
  Rep. Waters says she will resist bank regulation rollbacks
- 03:59
  
  03:59 | 5 Hrs Ago
  
  Weiss on Apple: CEO Tim Cook is a caretaker, not an innovator
- 04:25
  
  04:25 | 6 Hrs Ago
  
  SiriusXM CEO: We’re in the radio business, not music distribution
- 03:13
  
  03:13 | 6 Hrs Ago
  
  Citigroup’s Ed Morse breaks down reasons behind oil’s big sell-off
- 05:29
  
  05:29 | 7 Hrs Ago
  
  Liberty Media’ John Malone on Comcast, Verizon and Charter
- 00:42
  
  00:42 | 6 Hrs Ago
  
  Canopy CEO Bruce Linton on shifting stances on legal marijuana in the United States
- 06:36
  
  06:36 | 7 Hrs Ago
  
  Pension fund managers push gun industry on safety
- 01:56
  
  01:56 | 7 Hrs Ago
  
  Goldman’s commodities chief on global oil markets
- 06:02
  
  06:02 | 7 Hrs Ago
  
  Liberty Media CEO Greg Maffei on media mergers
- 02:18
  
  02:18 | 8 Hrs Ago
  
  Dispiriting notion that the year's over is a mistake, says Jim Cramer
- 04:03
  
  04:03 | 9 Hrs Ago
  
  October's consumer price index rises 0.3 percent
- 02:41
  
  02:41 | 8 Hrs Ago
  
  Malone: Disney lacks massive direct consumer relationships
- 03:21
  
  03:21 | 9 Hrs Ago
  
  Macy's raises FY revenue and earnings guidance
- 02:19
  
  02:19 | 9 Hrs Ago
  
  Cities that lost the bid for Amazon's second headquarters
- 04:39
  
  04:39 | 9 Hrs Ago
  
  Worst in crude oil is over, says MBF Clearing Corporation CEO
- 05:08
  
  05:08 | 10 Hrs Ago
  
  Need de-escalation with US-China before the market will calm, says Merrill Lynch's Hyzy
- 05:42
  
  05:42 | 10 Hrs Ago
  
  Boeing's withholding of information brings a 'loss of trust' , says Captain Dennis Tajer
- 04:59
  
  04:59 | 10 Hrs Ago
  
  Here's a temperature for the current mortgage rate environment
- 01:42
  
  01:42 | 11 Hrs Ago
  
  What could happen to the British pound if Brexit deal passes or fails
›
Must Watch Videos
‹
- 12:07
  
  12:07 | 6 Hrs Ago
  
  Here's who gets rich from school lunch
- 01:07
  
  01:07 | 6 Hrs Ago
  
  Kevin O'Leary: Get ready to work 25 hours a day to become successful in business
- 01:05
  
  01:05 | 11:43 AM ET Tue, 13 Nov 2018
  
  David Bach and Kevin O'Leary: Don't spend a fortune on an engagement ring
- 05:01
  
  05:01 | 11:15 AM ET Tue, 13 Nov 2018
  
  Here's what it's like to live on $150K a year in NYC
- 01:46
  
  01:46 | 2:55 PM ET Tue, 13 Nov 2018
  
  Here's how to save millions when you retire
- 01:38
  
  01:38 | 8:55 AM ET Tue, 13 Nov 2018
  
  Suzy Welch: Here's how long you should stay at a company
- 10:15
  
  10:15 | 10:49 AM ET Thu, 8 Nov 2018
  
  Journey Through India: Kolkata
- 03:15
  
  03:15 | 11:43 AM ET Fri, 9 Nov 2018
  
  How a former Navy SEAL commander raises his kids
- 02:10
  
  02:10 | 3:45 PM ET Mon, 12 Nov 2018
  
  The market sold off big today—here’s what four experts say investors should be watching
- 04:37
  
  04:37 | 6:00 PM ET Sat, 10 Nov 2018
  
  This small-rocket unicorn wants to be the FedEx of space
- 05:51
  
  05:51 | 8:59 AM ET Sat, 10 Nov 2018
  
  Religious leaders are using tech marketing tactics to get more Bay Area residents to church
- 02:52
  
  02:52 | 5:57 PM ET Thu, 25 Oct 2018
  
  How this Instagram millionaire built a billion-dollar beauty brand
- 03:14
  
  03:14 | 1:40 PM ET Fri, 9 Nov 2018
  
  How this couple retired in their 30s with more than $1 million saved
- 03:50
  
  03:50 | 1:57 AM ET Thu, 8 Nov 2018
  
  What is Singles Day?
- 01:40
  
  01:40 | 1:12 AM ET Wed, 7 Nov 2018
  
  Record number of women elected to the House
- 01:21
  
  01:21 | 11:58 AM ET Thu, 8 Nov 2018
  
  How to lead as an introvert, according to this tech exec
- 02:05
  
  02:05 | 11:12 AM ET Thu, 8 Nov 2018
  
  Self-made millionaire Ramit Sethi: Here's why you should spend a lot of money on your wedding
- 01:05
  
  01:05 | 9:49 AM ET Thu, 8 Nov 2018
  
  Self-made millionaire: What you should pay for an engagement ring
- 02:37
  
  02:37 | 9:00 AM ET Thu, 8 Nov 2018
  
  Facebook Portal review — great for video calls but lacks compelling features
- 01:47
  
  01:47 | 8:55 AM ET Tue, 6 Nov 2018
  
  Suzy Welch: How to answer "What are your salary requirements?"
- 01:42
  
  01:42 | 11:03 AM ET Wed, 7 Nov 2018
  
  Buying a new car is a mistake, according to these self-made millionaires
- 02:41
  
  02:41 | 3:37 PM ET Wed, 7 Nov 2018
  
  Trump singles out lawmakers who refused his 'embrace'
- 01:10
  
  01:10 | 10:09 AM ET Wed, 7 Nov 2018
  
  This is why teens should avoid credit cards, according to Kevin O'Leary
- 02:32
  
  02:32 | 8:50 AM ET Wed, 7 Nov 2018
  
  Former Navy SEAL commander: How to win under a terrible boss
- 02:19
  
  02:19 | 8:45 AM ET Tue, 6 Nov 2018
  
  Retired Gen. Stanley McChrystal shares 3 productivity tips for success
- 01:57
  
  01:57 | 8:55 AM ET Tue, 6 Nov 2018
  
  Beauty influencer Huda Kattan: How to build a massive social media following
- 03:22
  
  03:22 | 6:00 AM ET Tue, 6 Nov 2018
  
  Apple's new MacBook Air is exactly what fans have been begging for
- 02:22
  
  02:22 | 8:52 AM ET Tue, 6 Nov 2018
  
  Interactive Brokers' Peterffy: George Soros is an anarchist
- 04:34
  
  04:34 | 10:46 AM ET Mon, 5 Nov 2018
  
  Why you may not be feeling a boost in wages
- 02:03
  
  02:03 | 1:37 PM ET Mon, 5 Nov 2018
  
  Microsoft built its new campus in Minecraft so employees can know what to expect
›
CEO Interviews
‹
- 04:59
  
  04:59 | 11:41 AM ET Tue, 13 Nov 2018
  
  CME Group CEO: Trade deficits are not a bad thing for the US
- 06:02
  
  06:02 | 6:32 AM ET Tue, 13 Nov 2018
  
  Ahold Delhaize CEO on the future of grocery shopping
- 04:35
  
  04:35 | 6:24 AM ET Tue, 13 Nov 2018
  
  FAO Schwarz is coming back to NYC, here's what to expect
- 20:26
  
  20:26 | 9:02 AM ET Mon, 12 Nov 2018
  
  Watch CNBC's full interview with General Electric's Larry Culp
- 08:04
  
  08:04 | 8:01 AM ET Mon, 12 Nov 2018
  
  SAP CEO and Qualtrics CEO on SAP-Qualtrics deal
- 05:28
  
  05:28 | 12:13 PM ET Fri, 9 Nov 2018
  
  Watch CNBC's full interview with Virgin Hypeloop One's CEO
- 09:05
  
  09:05 | 10:26 AM ET Fri, 9 Nov 2018
  
  Watch CNBC's full interview with P&G CEO David Taylor
- 04:38
  
  04:38 | 7:43 AM ET Fri, 9 Nov 2018
  
  MSCI CEO on China and index investing
- 04:01
  
  04:01 | 7:34 AM ET Fri, 9 Nov 2018
  
  Nokia CEO: 5G will start to launch in 2019 and 2020
- 07:05
  
  07:05 | 11:14 AM ET Thu, 8 Nov 2018
  
  Roku CEO on company earnings and the future of streaming
- 04:47
  
  04:47 | 6:19 AM ET Wed, 7 Nov 2018
  
  I don't anticipate $100 oil, says Continental Resources CEO
- 05:39
  
  05:39 | 7:16 AM ET Tue, 6 Nov 2018
  
  Eli Lilly CEO on earnings and drug pricing
- 03:57
  
  03:57 | 9:51 AM ET Fri, 2 Nov 2018
  
  Starbucks CEO: We're playing the long game in China
- 03:57
  
  03:57 | 9:35 AM ET Fri, 2 Nov 2018
  
  Starbucks CEO: We improved in every key operating metric this quarter
- 02:57
  
  02:57 | 2:04 PM ET Thu, 1 Nov 2018
  
  HSBC USA CEO says 'no impact' from US-China trade tension
- 04:18
  
  04:18 | 11:07 AM ET Thu, 1 Nov 2018
  
  Fitbit CEO on smartwatches and earnings
- 07:25
  
  07:25 | 10:21 AM ET Thu, 1 Nov 2018
  
  Cigna CEO on earnings and pending Express Scripts merger
- 03:03
  
  03:03 | 9:16 AM ET Thu, 1 Nov 2018
  
  DowDuPont CEO: Continue to see strong demand across the board
- 06:51
  
  06:51 | 2:27 PM ET Wed, 31 Oct 2018
  
  Esperion CEO on safety of new cholesterol drug
- 05:05
  
  05:05 | 9:41 AM ET Wed, 31 Oct 2018
  
  Yum Brands CEO on earnings
- 06:02
  
  06:02 | 3:25 PM ET Tue, 30 Oct 2018
  
  Tapestry CEO on earnings and trade tariff concerns
- 04:08
  
  04:08 | 11:07 AM ET Tue, 30 Oct 2018
  
  Akamai CEO on earnings, security and Fortnite
- 08:58
  
  08:58 | 10:08 AM ET Tue, 30 Oct 2018
  
  Watch CNBC's full interview with Coca-Cola's James Quincey
- 01:44
  
  01:44 | 9:45 AM ET Tue, 30 Oct 2018
  
  United CEO: We're still positive on intrinsic value of our stock
- 04:16
  
  04:16 | 8:15 AM ET Tue, 30 Oct 2018
  
  Chipotle CEO on digital strategy for food
- 06:06
  
  06:06 | 9:53 AM ET Mon, 29 Oct 2018
  
  Watch CNBC's full interview with Charles Schwab's Walt Bettinger
- 04:45
  
  04:45 | 7:22 AM ET Mon, 29 Oct 2018
  
  I'm not concerned about tariffs right now, says IBM CEO Rometty
- 02:54
  
  02:54 | 7:17 AM ET Mon, 29 Oct 2018
  
  This is best way for open source and our company to achieve full potential, says Red Hat CEO
- 03:00
  
  03:00 | 7:13 AM ET Mon, 29 Oct 2018
  
  $33 billion IBM-Red Hat deal is 'a very fair price,' says IBM CEO Rometty
- 03:05
  
  03:05 | 7:11 AM ET Mon, 29 Oct 2018
  
  IBM-Red Hat deal is all about resetting the cloud landscape, says IBM CEO Rometty
›

Wells Fargo sued for fraud

You May Like

Latest Video

Top Video

Must Watch Videos

CEO Interviews

News Tips

CNBC Newsletters