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$CFG promoted Deputy Chief Compliance Officer and Chief Privacy Officer Scott Essex to Chief Compliance Officer, effective Oct. 17, 2016. He will succeed Bob Nelson, who is retiring effective Oct. 31, 2016. Essex will report to Chief Risk Officer Malcolm Griggs.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.