The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco, Wells ...
According to the OCC's announcement, from 2013 to 2016 Anderson "failed to credibly challenge the bank's incentive ...
The executives have been fined a total of $18.5 million for their alleged roles relating to sales misconduct in the mid-2010s ...
Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...
Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in ...
Wells Fargo's profit beat expectations in the fourth quarter, powered by a rebound in dealmaking activity and forecast it ...
In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...
The Office of the Comptroller of the Currency fined three former Wells Fargo & Co. executives ... OCC concluded that the executives opened millions of unauthorized customer accounts, transferring ...
A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...