Wells Fargo scandal: US bank regulator fines three former executives over fake accounts
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted not to settle.
3 ex-Wells Fargo execs fined $18.5M over fake-accounts scandal
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among other penalties handed down Tuesday.
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.
3 former Wells Fargo execs ordered to pay over $18 million in fake sales account scandal
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 Fargo has its biggest employee base in Charlotte,
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.
Wells Fargo fraudulent customer account scandal resurfaces with three more former executives drawing OCC fines
The fourth-quarter earnings report from Wells Fargo & Co. was overshadowed by the disclosure of three more former senior executives being fined a combined $18.5 million by the bank's federal
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024’s ...
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Wells Fargo Says It’s Quitting Climate-Banking Group
Wells Fargo & Co. said it’s leaving ... The company said in a statement Friday that it ended its membership in the Net-Zero Banking Alliance. The bank, based in San Francisco, didn’t provide ...
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Wells Fargo seeks dismissal of fraud claims linked to fake job interviews
Wells Fargo said there is no proof that its officers acted with intent to defraud or mislead in statements to the public or ...
Why Wells Fargo's Revenue Miss Isn't Worrying Wall Street
Wells Fargo is one of the best S&P 500 stocks Wednesday even after the big bank's top-line miss. Here's what you need to know ...
Bank CEOs expect Trump bump to business as profits surge
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
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 ...
Bank Earnings: Wells Fargo, JPMorgan Chase, and More Report Results
On Wednesday, three of the four largest U.S. banks—JPMorgan Chase, Wells Fargo, and Citigroup—will report their earnings for ...