Ex-Wells Fargo Executives Face Millions in Fines for Misconduct

Published on January 15, 2025

A 2020 investigation by the OCC concluded that the executives opened millions of unauthorized customer accounts.

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Consumer Price Index: Inflation Ticks Up to 2.9% in December

January 15, 2025
Inflation ticked up in December while core growth slowed. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index rose to 2.89% year-over-year, right in line with economist expectations. Additionally, core CPI came in lower than expected, slowing to 3.2% year-over-year.

JPMorgan's Jenn Piepszak Named COO With Pinto to Retire in 2026

January 15, 2025
The biggest U.S. bank is shuffling its top management for the second time in a year.