![]() Dee Buchanan |
Ogilvy has signed on as DC representative for Wells Fargo & Co., which is seeking to rebound from its cross-selling scandal in which new accounts were secretly opened for customers.
The WPP unit handles policy issues impacting banks, housing finance and Dodd-Frank Act overhaul.
Dee Buchanan, who worked for 11 years for House Financial Services Committee chairman Jeb Hensarling and was considered the powerful Congressman's "go-to-guy," handles Wells Fargo, along with Karissa Willhite, ex-aide to Jersey Senator Bob Menendez.
A California court today approved a $142M class action settlement involving phony Wells Fargo accounts.
In April, the San Francisco-based bank paid a $1B fine to end a federal probe into its mortgage and loan practices dating back to 2005. The fine is the biggest levy brought against a bank during the Trump administration.
As part of its image overhaul, Wells Fargo launched an ad campaign last month carrying the tagline, "Established 1852, Re-Established 2018 with a Recommitment to You."
The effort says Wells Fargo is working hard to regain consumer trust.


Knob Petroleum, which is based in Panama City, has retained Ballard Partners to explore opportunities in Venezuela.
Brownstein Hyatt Farber Schreck has signed to represent Eastern Air Holdings, which operates deportation flights for Immigration & Customs Enforcement.
Ballard Partners has lined up Australia’s Energy Transition Minerals company, an explorer and developer of rare earths minerals opportunities. It touts its Greenland property as having the potential to become the biggest rare earths producer in the western world.
Abbvie has retained Trump-connected Winston-Salem-based Checkmate Government Relations for healthcare matters and issues related to the life sciences sector.
Netflix has retained Bloom Strategic Counsel for regulatory matters regarding its proposed $83B merger with Warner Bros. Discovery.



