Advisory clients’ uninvested dollars were automatically swept into bank accounts that paid paltry interest, but were ...

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

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

The executives have been fined a total of $18.5 million for their alleged roles relating to sales misconduct in the mid-2010s ...

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

Three former Wells Fargo WFC-0.71%decrease; red down pointing triangle executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office ...

The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...

Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty ...

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 ...

Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent bank accounts, the Office of the Comptroller of the Currency said Tuesday.