Emily Flitter

User banner image
User avatar
  • Emily Flitter

Posts

Federal Prosecutors Open Criminal Inquiry of Wells Fargo’s Hiring Practices

Authorities are investigating whether the bank violated federal anti-discrimination laws by conducting sham interviews of minority candidates.

Wells Fargo Announces ‘Pause’ of Policy That Led to Fake Job Interviews

The bank’s leaders will study how its “diverse slate” requirement is being carried out and what needs to change before restarting it in July.

Ruger Shareholders Vote for Study of Gunmaker’s Impact on Human Rights

It’s not clear whether Ruger, one of a small number of public gun manufacturers, will follow the nonbinding proposal.

A Senate Democrat wants Wells Fargo’s C.E.O. to fix its problems ‘once and for all.’

Senator Sherrod Brown of Ohio, the chairman of the chamber’s banking committee, rebuked Charles W. Scharf for the bank’s continued problems.

Activist Investing Has Come for Fossil Fuels. What About Guns?

With politicians unwilling to act, some investors are trying to use shareholder resolutions to get gun makers to rein in their products.

At Wells Fargo, a Quest to Increase Diversity Leads to Fake Job Interviews

Black and female candidates are sometimes interviewed after the recipient of a job is identified, current and former employees say.

Bank of America will pay $10 million for improperly garnishing customer accounts.

The bank let creditors take funds from customers’ accounts even when state laws should have barred them from doing so. And it charged those customers…

A Market Mystery: The ‘Wheat Whale’ That Came Out of Nowhere

Who was behind the surge of trading in wheat futures last month? Some point to a group of Reddit users who mobbed an E.T.F. offering…

How Civil War History Explains Memestocks

In the 19th century, small investors played a big role in finance. Wall Street took it away. Redditors are trying to get it back.

Consumer Watchdog Wants Repeat Offender Banks Stripped of Licenses

Naming names, Rohit Chopra says big banks and other companies that break rules multiple times should face long-lasting consequences.