Request any song you want for FREE! All songs requested will be tuned to a 432 Hz frequency.

Request Now

1-800#'s and Instructions for Currency Redemption/Exchange

This is where the 800 numbers and instructions for currency redemption (US) and currency exchange (international) will be posted. This part of the page will remain until the "TETELESTAI" email has been distributed to us. Thank you.

Guest Posting Now Available

Dinar Chronicles is now allowing viewers to guest post. If you wish to speak your mind and write a post/article about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

The subject of your email entry should be: "Entry Post | (Title of your post) | Dinar Chronicles"

- Proper grammar
- No foul language
- No bashing of others
- Solely write intel, rumors, news, thoughts regarding Dinarland, Iraq, the RV, the GCR and anything that is relating
- Your signature/name/username at the end (Optional, if there is no name at the end of your entry I will post it as "anonymous")

Send your entry and speak out today!

Follow Dinar Chronicles by Email

Featured Post

"Speechless" - VERITAS Report - 12.7.16

Received via email by VERITAS at 11:22 AM EST. ~ Dinar Chronicles I am rarely at a loss for words, but "Busted" does that to ...

Monday, September 26, 2016

Support is Wavering for Wells Fargo CEO Stumpf




Support for Wells Fargo CEO Stumpf 'now wavering': CLSA

Wells Fargo CEO John Stumpf testifies before a Senate Banking Committee hearing on the firm's sales practices on Capitol Hill in Washington, U.S., September 20, 2016. REUTERS/Gary Cameron

CLSA analyst Mike Mayo said his support for Wells Fargo & Co (WFC.N) Chief Executive John Stumpf was "wavering" following problematic sales tactics that has brought him under fire from U.S. lawmakers.

The bank has been facing heightened scrutiny following allegations that its employees had set up as many as 2 million accounts and credit cards in customers' names that may have not been authorized.

Mayo said his support for Stumpf was contingent upon the CEO's ability to better explain the repercussions of the sales abuses.

Last week, lawmakers on the U.S. Senate Banking Committee grilled Stumpf about the accounts, with some calling on him to resign and forfeit his earnings and hold other senior executives accountable.

Shareholders have a right to know what will be done to the pay of top executives, to the composition of the board, and for impacted customers, Mayo said in a note to clients.

"We believe Wells Fargo is bigger than the CEO, notwithstanding a good financial track record during his tenure, and there should be no more excuses for the lack of answers to key questions," Mayo said.

Mayo rates the stock 'outperform' with a price target of $57. The stock's median price target is $51.

Shares of the San Francisco, California-based lender have fallen by about 10 percent since Sept. 7, the day before the bank reached a $185-million settlement over fraud case.

(Story corrects headline to fix CEO's spelling to "Stumpf" from "Stump". Also corrects price target to $57 from $45.74 in paragraph seven.)

(Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)


Source

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More