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Detailed text transcripts for TV channel - CNN - 20170419:14:34:00

The height of all of this and it s at the height of the fake account openings. granted, you were in a different part of the bank and you did not have direct control over the people running this part of the bank, but for folks that are asking, why are you, an insider who has been there since 1987 the right guy to lead the bank in the next chapter. what do you say to them? it wasn t my decision. the board decided i wasn t the right person for the job. you accepted it. i did. i did because i had the confidence that i could make change in the company. why did i have that confidence? because i ve been making change for my 29 1/2 year career at wells fargo. i made change when i became the president and chief operating officer about a year before. when you look at the changes that we ve made since i became ceo you can see fundamental activities at wells fargo being done differently. the fact that this was happening as the board report found actually longer than, you know, five or six ye ....

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Detailed text transcripts for TV channel - MSNBC - 20161118:10:41:00

Jpmorgan because the bank has agreed to pay u.s. officials a settlement of $264 million. this relates to an investigation into jpmorgan s practice of hiring the children of elite individuals, including a chinese congress minister. the allegations were such practices violated the foreign corrupt practices act because the hirings were made in exchange for lucrative bank deals. jpmorgan did not confirm or deny the allegations but hired the first bank to pay the settlement charges. ali? talking about banks, wells fargo in the wake of learning they were opening these fake accounts for people, wells fargo has seen a lot of people frustrated, angry, i m one of them, cancelling their accounts. yes, that s right. in fact, we ve had additional data coming from wells fargo yesterday. in fact, the account openings slumped 27% from the previous month, but overall those account openings were down 44% on the ....

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Detailed text transcripts for TV channel - CNN - 20161112:22:45:00

They weren t making any money off the program. they were losing money. it isn t like something they were doing that was hugely profitable or anything of the sort. but in terms of the people that are there, in terms of the outside public, it takes time to restore trust. wells fargo s new account openings have plunged. the stock price has fallen to a 2 1/2 year low. the sec is investigating, the department of justice, some states attorneys general. do you have faith in wells fargo, the institution? oh, sure. sure. we do loads of business with wells fargo. they have billions of dollars. i don t know anything about it, but if i had to guess as to whether the deposits would be up a year from now, i would guess they would be up. culture is so important to you. it s huge. it s at the core of why you buy businesses, the culture of the business from the top down. ....

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Detailed text transcripts for TV channel - MSNBC - 20111108:02:46:00

Deposits. on long island, one local credit union reporting it opened 1,471 new checking accounts last week. compared with fewer than 400 for the same week last year. half of the new accounts were opened on saturday, alone. on bank transfer day, alone. in washington, d.c., the national capital bank, which is a two-branch community bank says the vast majority of its new account openings in recent weeks have been by fed up bank of america customers. and in new york city, home of wall street, and those who would occupy it, the lower east side people s federal credit union says it s enjoying more than 55 new account openings a week, up from its average of about ten new accounts per week before all of this started happening. the association that represents credit unions conducted a survey of 5,000 credit unions across the country prior to bank transfer day. they found according to estimates, 650,000 consumers across the nation have joined ....

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