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Wells Fargo & Co. CEO Charles Scharf is making moves as he tries to rid the San Francisco-based bank of ongoing problems since its fake-accounts scandal emerged in 2016. Scharf is splitting the bank's organizational structure into five parts: Cons.....»»

Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo , culminating on Thursday in more than$58 million in fines against eight former executives at the bank......»»

Wells Fargo & Co's U.S. regulator on Thu.....»»

Wells Fargo & Co's regulator.....»»

The former CEO of Wells Fargo can never work for a bank again and must pay a $17.5 million fine for his role in the bank's .....»»

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......»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

The bank has been under scrutiny since employees opened millions of fake accounts......»»

Incoming Wells Fargo & Co. CEO Charles Scharf has a long road ahead to fix the bank's regulatory woes, stemming from a scandal where up to 3.5 million unauthorized accounts were uncovered in late 2016, but he remains bullish on the outcome of that .....»»

Incoming Wells Fargo & Co. (NYSE: WFC) CEO Charles Scharf has a long road ahead to fix the bank's regulatory woes, stemming from a scandal where up to 3.5 million unauthorized accounts were uncovered in late 2016, but he remains bullish on the out.....»»

Just how hated is Warren Buffett's "favorite" bank Wells Fargo? Not only are millions of clients dumping the bank following countless scandals involving the bank's cross-selling of accounts, n.....»»

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

Wells Fargo has struggled to convince lawmakers and regulators that it has fixed the corporate culture that led to various consumer abuses......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan......»»

Wells Fargo & Co. (NYSE: WFC) is investigating two issues with its consumer deposit accounts — both of which will likely come with payouts to regulators and/or those affected. The bank said it is reviewing past disclosures to customers about the .....»»

There's a big shift in real estate happening with Wells Fargo & Co. in uptown, changes that also signal an updated strategy for managing the bank's workforce......»»

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Three City Councilmembers have asked that San Jose explore its own municipally chartered bank to take over the city’s accounts when its current contract with Wells Fargo expires this summer......»»

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»