Finance Content / Finance Content for 51ԹϺ Davis en Wells Fargo Scandal Drove Borrowers to Fintech Lenders, 51ԹϺ Davis Study Suggests /news/wells-fargo-scandal-drove-borrowers-fintech-lenders-uc-davis-study-suggests <p>The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders<strong> </strong>for mortgages, a University of California, Davis, study suggests.</p><p>The <a href="https://www.sciencedirect.com/science/article/pii/S0304405X25000704">paper</a>, “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 51ԹϺ Davis Graduate School of Management specializing in finance and financial technology.</p> July 03, 2025 - 9:39am Karen Michele Nikos-Rose /news/wells-fargo-scandal-drove-borrowers-fintech-lenders-uc-davis-study-suggests 51ԹϺ Davis Chancellor Appoints Interim Leaders for Finance, Operations and Administration /news/uc-davis-chancellor-appoints-interim-leaders-finance-operations-and-administration <p class="Default"><span>University of California, Davis, Chancellor Gary S. May announced that he has appointed two campus leaders to provide interim leadership for <a href="https://foa.ucdavis.edu/"><span>Finance, Operations and Administration</span></a><span><span>, or FOA,</span></span> once Vice Chancellor Kelly Ratliff <a href="/news/kelly-ratliff-vice-chancellor-finance-operations-and-administration-retire-june-2022">retires</a> next month after 35 years with the university, and until the new FOA vice chancellor is in place. </span></p> April 19, 2022 - 11:59pm Dave Jones /news/uc-davis-chancellor-appoints-interim-leaders-finance-operations-and-administration