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Bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's regulator.....»»

Category: topSource: reutersJan 23rd, 2020

Ex-Wells Fargo executives face civil charges, multimillion-dollar fines from U.S. bank regulator

A U.S. bank regulator announced Thursday that several senior former Wells Fargo executives face potential lifetime industry bans and millions of dollars in civil penalties for their roles in the bank's long-running sales practices scandal......»»

Category: topSource: reutersJan 23rd, 2020

Regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's.....»»

Category: topSource: reutersJan 23rd, 2020

Former Wells Fargo CEO fined $17.5M for sales scandal

Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal. Stumpf also accepted a lifetime ban from the banking industry......»»

Category: topSource: moneycentralJan 23rd, 2020

Former Wells Fargo CEO fined $17.5 million for sales scandal

Federal regulators have slapped former Wells Fargo chief executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal......»»

Category: topSource: moneycentralJan 23rd, 2020

Former Wells Fargo CEO fined $17.5 million for sales scandal

Federal regulators have slapped former Wells Fargo chief executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal......»»

Category: topSource: moneycentralJan 23rd, 2020

OCC seeks fines and bans against 5 ex-Wells Fargo executives, bans former CEO Stumpf for life

The Office of the Comptroller of the Currency issued a notice of charges against five former Wells Fargo & Co. executives on Thursday, for their role in a sales.....»»

Category: topSource: marketwatchJan 23rd, 2020

Former Wells Fargo senior executives reportedly under criminal investigation

Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»

Category: topSource: bizjournalsJan 6th, 2020

Former Wells Fargo senior executives under criminal investigation: Report

Several former Wells Fargo & Co. senior executives are under criminal investigation resulting from the bank’s fake-accounts scandal, trade publication American Banker reported, citing unnamed sources. According to the report, federal prosecutors.....»»

Category: topSource: bizjournalsJan 6th, 2020

Senior US lawmaker to seek testimony of Wells Fargo"s board

A U.S. congressional committee will ask Wells Fargo & Co’s board of directors to testify about the bank’s sales scandal next year, a senior Democrat told Reuters on Thursday......»»

Category: topSource: foxnewsDec 20th, 2019

Two Wells Fargo executives go on leave of absence amid sales scandal review

Wells Fargo & Co said on Wednesday it put two executives on leave in connection with ongoing regulatory reviews into the bank’s retail sales practices......»»

Category: topSource: reutersOct 24th, 2018

Wells Fargo taps former JPMorgan Chase exec for key role in Charlotte

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

Exclusive: Another former JPMorgan Chase executive takes key role at Wells Fargo

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

Exclusive: Wells Fargo names another former JPMorgan Chase executive for key role

Wells Fargo CEO Charlie Scharf is rebuilding the bank's leadership team as the bank seeks to recover from its fake account scandal......»»

Category: topSource: bizjournalsApr 17th, 2020

For Wells Fargo and former executives, $3 billion-deal with U.S. may not be the end

Although Wells Fargo & Co settled major probes with federal agencies over abusive sales practices last week, the bank and its former executives are not out of the woods yet, legal and regulatory experts said......»»

Category: topSource: reutersFeb 25th, 2020

One of area"s largest banks agrees to $3B settlement over sales scandal

Wells Fargo & Co. — the third-largest bank in Central Florida — has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil inv.....»»

Category: topSource: bizjournalsFeb 24th, 2020

Wells Fargo agrees to $3B settlement over sales scandal

Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange Commission. The settlement resolves criminal and civil investigations into faulty sales prac.....»»

Category: topSource: bizjournalsFeb 23rd, 2020

Factbox: Remaining hurdles for scandal-hit Wells Fargo

Wells Fargo & Co has racked up well over $7 billion in penalties since a sales practices scandal erupted in 2016, and continues to face headwinds......»»

Category: topSource: reutersFeb 21st, 2020

Wells Fargo agrees to $3B settlement for sales practice scandal

Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the United States Department of Justice and U.S. Securities and Exchange Commission. The settlement resolves criminal and civil investigations into faulty sales.....»»

Category: topSource: bizjournalsFeb 21st, 2020

U.S. authorities to announce deal over Wells Fargo"s sales practices scandal: sources

U.S. authorities will soon announce a settlement related to Wells Fargo's multi-year sales practices scandal, according to two sources familiar with the matter, wrapping up one of the last one major probes looming over the bank......»»

Category: topSource: reutersFeb 21st, 2020