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 ...

During the 14-year active period of the fraudulent customer account scandal, Wells Fargo collected millions ... series of regulatory and other federal fines add up to at least $11.14 billion.

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 ...