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Former Wells Fargo Execs Fined for Role in Fraudulent Bank Accounts
Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of the Comptroller of the Currency said Tuesday.
OCC fines three former Wells Fargo executives a combined $18.5 million
The Office of the Comptroller of the Currency issued fines amounting to $18.5 million to three former Wells Fargo executives in response to unsafe sales practices from 2013 to 2016.
Ex-Wells Fargo Executives Face Millions in Fines for Misconduct
The Office of the Comptroller of the Currency fined three former Wells Fargo & Co. executives, including community banking risk officer Claudia Russ Anderson, and banned them from the banking sector for misconduct and “unsafe or unsound” sales practices.
US bank regulator fines three former Wells Fargo executives over fake accounts scandal
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's long-running fake accounts scandal.
OCC imposes civil money penalties against 3 former Wells Fargo executives
The Office of the Comptroller of the Currency announced enforcement actions against three former senior executives of Wells Fargo (WFC) Bank,
Former Wells Fargo Executives Fined for Role in Fraudulent Bank Accounts
The executives have been fined a total of $18.5 million for their alleged roles relating to sales misconduct in the mid-2010s.
Three more former Wells Fargo execs fined for sales practices scandal
Bank regulators say a new round of fines is the final enforcement action against former Wells Fargo executives after the sales practices scandal that came to light in 2016.
6h
on MSN
Air Products upgraded at Wells Fargo on heightened potential for change
Air Products (NYSE:APD) +2% in Tuesday's trading as Wells Fargo upgrades shares to Overweight from Equal Weight with a $350 ...
4h
Bank Earnings: Wells Fargo, JPMorgan Chase, and More Set to Report
Follow live coverage of Wells Fargo, JPMorgan Chase, and Citigroup, which are due to report earnings Wednesday. Goldman Sachs ...
1d
on MSN
California wildfires: Insured losses could top $30B, Wells Fargo analysis finds
Financial analysts at Wells Fargo Securities estimated that insured losses from the Southern California wildfires could ...
7h
JPMorgan Vs. Wells Fargo: 1 Stock Technically Stronger Ahead Of Earnings
JPM and WFC are preparing to release their Q4 earnings, with strong bullish momentum for JPM and cautionary signals for WFC.
Business Insider
14h
Wells Fargo sees balanced setup for Microsoft into Q2 results
Wells
Fargo
says that from its recent field work, the firm is expecting a balanced Q2 without any major surprises from Microsoft (MSFT).
Wells
sees any clearing of AI capacity debate and clarity ...
4d
Wells Fargo hires former Chase exec as it chases credit card growth
Wells Fargo has shifted its focus from home mortgages to credit cards, which are increasingly popular for payments as well as ...
9h
on MSN
JPMorgan faces internal revolt over RTO mandate—now talk of a Wells Fargo-style labor union is reportedly spreading
Bank employees are discreetly discussing whether to follow the lead from colleagues at Wells Fargo that organized under the ...
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