News

received a fine of $100,000. Former Wells Fargo executive audit director Paul McLinko, whom the OCC originally fined a sum of $1.5 million, received a fine of $50,000. The original penalties "were ...
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 ...
Three former Wells Fargo WFC0.27%increase; green up pointing triangle executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for their roles in the bank's long-running fake accounts scandal. The Office of the Comptroller ...
SAN FRANCISCO – A Wells Fargo executive who oversaw the unit that ... city and county of Los Angeles — imposed a $185 million fine on Wells Fargo for defrauding customers to generate ...
September 2022The Department of Labor fined Wells Fargo $22 million for allegedly ... the bank's chief executive officer, said in a statement that the payment was “an important milestone in ...
It's the largest fine ever leveled against a bank by ... Fargo has further to go on that front. “Put simply: Wells Fargo is a corporate recidivist that puts one out of three Americans at risk ...
The bank also outlined the progress it has made toward strengthening its corporate governance ... The $3.7 billion in fines and penalties is the latest blow for Wells Fargo, which has drawn ...
Two former Wells Fargo executives were fined $8.5M by the Biden administration for covering up the bank's infamous fake account scandal. Trump just slashed those fines to a paltry $150,000 after ...
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.