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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 long-running fake accounts scandal.
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.
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.
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
Ex-Wells Fargo Executives Face Millions in Fines for Misconduct
The Office of the Comptroller of the Currency fined three former Wells Fargo & Co. executives, including community banking risk officer Claudia Russ Anderson, and banned them from the banking sector for misconduct and “unsafe or unsound” sales practices.
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.
OCC fines three former Wells Fargo executives a combined $18.5 million
The Office of the Comptroller of the Currency issued fines amounting to $18.5 million to three former Wells Fargo executives in response to unsafe sales practices from 2013 to 2016.
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.
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Big day for big banks; SEC files suit against Elon Musk that will be dropped in five days; succession games at Apollo, ...
American Banker
7y
Claudia Russ Anderson
CLAUDIA
RUSS
ANDERSONExecutive Vice PresidentGroup Risk Officer - Community BankingRegulatory Compliance and Operational Risk ManagementWells Fargo2004-Present WELLS FARGO & CO.Executive Vice ...
1d
OCC imposes civil money penalties against 3 former Wells Fargo executives
The Office of the Comptroller of the Currency announced enforcement actions against three former senior executives of Wells Fargo (WFC) Bank, ...
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