Fresh Today

Fresh Today

ASPEN, Colo.—A former employee of Grand Junction FCU, originally sentenced to a halfway house for embezzling $60,000 from the credit union, has been handed a tougher sentence.

WASHINGTON—Wells Fargo’s CEO, John Stumpf, at the center of a company-wide scandal over employees opening unauthorized bank accounts and credit cards to meet sales targets, said he is “deeply sorry” for those actions, and further admitted the bank moved too slowly to address signs of staff wrongdoing.