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Fines for former banking executives involved in a fraud scandal plummeted from a combined $8.5 million to a combined $150,000 ...
Two former Wells Fargo executives involved in a highly publicized fake accounts scandal that came to light in 2016 received reductions in civil penalties from a combined $8.5 million to a combined ...
Claims of corruption within U.S. President Donald Trump's administration and the banking industry spread on social media in late April and early May 2025. The allegations stated that in return for ...
Wells Fargo’s solid Q1 and nearing regulatory resolution support its recovery, but valuation and macro risks limit upside.
U.S. financial giants Wells Fargo, JP Morgan Chase and Bank of America are being sued by the embattled Consumer Financial Protection Bureau (CFPB) over alleged unchecked fraud on the Zelle payment ...
Wells Fargo's regulatory issues came under the spotlight after a fake accounts scandal that erupted in 2016, leading to intense scrutiny and billions in fines. Since 2018, the bank has also ...
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