Banking

Banking

Labor Department website for Wells Fargo complaints removed

U.S. Sen. Elizabeth Warren asked the Labor Department for an update on its investigation into Wells Fargo’s sales practices after she was unable to access a website the agency set up to track complaints from the bank’s employees. Warren said the page was working on Jan. 20, the day President Donald Trump took office.

Bank Watch

Wells Fargo taps Charlotte exec to lead new ethics office

Theresa LaPlaca, a former Wachovia executive, will lead on an interim basis the Office of Ethics, Oversight and Integrity, San Francisco-based Wells Fargo said. LaPlaca, a senior leader in Wells’ Wealth and Investment Management unit, will report to Chief Risk Officer Mike Loughlin, who is based in San Francisco.