Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail banking business," Stumpf said.
Wells Fargo CEO: We should have done more sooner
Charlotte branch of The Federal Reserve ranks high in cash processing
Bank of America gives $565,000 to help Charlotteans rise out of poverty
BofA customer reacts to closure of teller lanes
New chip cards: Is your business ready?
BofA Shareholder's Breakup Proposal Fails
Kannapolis Memorial Day Parade and Ceremony
Concert and military tributes before NASCAR’s Coca-Cola 600
Niece of Korean War veteran speaks about his upcoming burial
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Harding lineman Jovaughn Gwyn turning heads
Charlotte Motor Speedway tough for Dale Earnhardt Jr.
Bank of America announced Monday that, for the second week in a row, it’s party to a $500,000 investment to help Charlotte tackle its ranking as the city least likely to see low income people seldom rise out of poverty.
The $565,000 in donations unveiled Monday are going to 16 nonprofits working through education and workforce development, including colleges, charities and veterans groups.
Bank of America customer Mary Jones, 86, is among those upset by the lender's move to end drive-up teller service at its 2249 Beatties Ford Road branch. To offset the loss of that service, the bank says it plans to install a drive-up ATM that will allow customers to converse via video with tellers in call centers during and after normal banking hours.
Bart Naylor, a Bank of America shareholder, talks on May 6, 2015, about the defeat of his proposal to have the bank study ways to break itself up. The proposal failed to win enough shareholder support to pass at the bank's annual meeting, which was held at the Charlotte Marriott SouthPark.
In the last nine months, the Charlotte City Council and Mayor Jennifer Roberts have been assailed in public – and on live television – by protesters of the Keith Lamont Scott shooting, immigration advocates and by those on both sides of the abortion debate. In response, council members have quietly decided to turn off the cameras.