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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.

The Charlotte Observer on MSN · 17h

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.

The Wall Street Journal on MSN · 1d

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.

The Business Journals · 21h

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.

Winston-Salem Journal · 23h

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

22h

Wells Fargo Reports Fourth Quarter 2024 Financial Results

Wells Fargo & Company (NYSE: WFC) has released its fourth quarter 2024 financial results. The financial results are available ...

devdiscourse17h

Wells Fargo's Optimistic Surge: Banking on Future Growth

Wells Fargo's profits exceeded expectations due to a rebound in dealmaking. The bank forecasts growth in interest income by 2025, driven by lower deposit costs and recovering loan demand. CEO Charlie ...

6don MSN

Wells Fargo Taps JPMorgan Executive to Lead Its Credit-Card Business

Wells Fargo WFC -0.03% has hired JPMorgan JPM -0.02% Chase executive Ed Olebe to lead its credit-card business, people ...

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