Research Outline

Bank Topics Q4

Goals

The goal is to find the top 2-3 topics being written about for each of the requested banks during Q4 of 2019.

Early Findings

TD Bank

Wells Fargo

  • In November, Wells Fargo announced a new Vice Chairman of Public Affairs, William Daley. This was covered by sites like Reuters, Bloomberg, and American Banker.
  • In November and December, two separate fraud cases occurred involving employees of Wells Fargo. In November, Raminder Rekhi plead guilty to embezzling and fraud in an illegal loan scheme. In December, Arlando Henderson was charged with stealing over $88,000 from the bank.
  • Wells Fargo donated $250,000 to wildfire relief funds in Australia. This was covered by many press sites including AFP, Nasdaq, and News Break.