Wells Fargo Scandal Drove Borrowers to Fintech Lenders, �鶹app�� Study Suggests

Karen Michele Nikos — July 03, 2025 - 9:39am

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis, study suggests.

The paper, “Trust as an entry barrier: Evidence from FinTech adoption,” was published online in the Journal of Financial Economics. The paper was written by Keer Yang, an assistant professor in the �鶹app�� Graduate School of Management specializing in finance and financial technology.

�鶹app�� Chancellor Appoints Interim Leaders for Finance, Operations and Administration

Dave Jones — April 19, 2022 - 11:59pm

University of California, Davis, Chancellor Gary S. May announced that he has appointed two campus leaders to provide interim leadership for Finance, Operations and Administration, or FOA, once Vice Chancellor Kelly Ratliff retires next month after 35 years with the university, and until the new FOA vice chancellor is in place.

Finance Content

Wells Fargo Scandal Drove Borrowers to Fintech Lenders, �鶹app��� Study Suggests

�鶹app��� Chancellor Appoints Interim Leaders for Finance, Operations and Administration

Wells Fargo Scandal Drove Borrowers to Fintech Lenders, �鶹app�� Study Suggests

�鶹app�� Chancellor Appoints Interim Leaders for Finance, Operations and Administration