Former Wells Fargo Execs Fined for Role in Fraudulent Bank Accounts
Three former Wells Fargo executives have been fined a total of $18.5 million for their alleged roles in opening fraudulent ...
Winston-Salem Journal7d
Wells Fargo fraudulent customer account scandal resurfaces with three more former executives drawing OCC fines
The primary component of the Community Bank ... OCC said in its news release. Wells Fargo has admitted that from 2002 to 2016, the sales pressure of trying to increase the number of product ...
bankingdive4d
Wells Fargo ex-exec appeals $1.5M fine, OCC enforcement order
Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty ...
American Banker29d
OCC issues Bank of America cease-and-desist for AML lapses
The order did not include any monetary penalty for the bank. "The OCC took this action based on violations and unsafe or unsound practices relating to these programs, including a failure to timely ...