Long term effect on share value from a scandelIn 2016 WFC was embroiled in a scandel that had them prosicuted for making up fake accounts . If you do the 10 year stock performace data comparing them to other banks you will see the results of lack of faith investors had in wfc.
wfc 8.54% increase
jpm 246.20
bac 156.03
c 30.57
the resulting performance cost wfc billions in market value. td problems are only starting and history shows once there is lack of confidence by investors long term perfromance suffers.