The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.

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 ...

The Office of the Comptroller of the Currency on Tuesday fined three former Wells Fargo executives a total of $18.5 million in connection with the bank’s 2016 fake-accounts scandal. The OCC banned ...

U.S. bank Wells Fargo & Co. (WFC) has cleared an important regulatory hurdle in its efforts to have the $1.95 trillion asset ...

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 ...

The order, the seventh terminated since 2019 for the bank, related to Wells’ auto lending, mortgage and consumer deposit ...

Wells Fargo’s stock (NYSE: WFC) posted a better-than-expected set of Q4 2024 results with its stock rising by about 5% in ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

In 2022, the CFPB said it spotted violations across some of Wells Fargo's consumer product lines, leading to billions of dollars in financial harm. The agency alleged that the bank had improperly ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...