Fines for former banking executives involved in a fraud scandal plummeted from a combined $8.5 million to a combined $150,000 ...

Federal regulators fined Wells Fargo a record $1.7 billion on Tuesday for “widespread mismanagement” over multiple years that harmed over 16 million consumer accounts. The Consumer Financial ...

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 ...

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 ...

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 ...

SAN FRANCISCO – A Wells Fargo executive ... imposed a $185 million fine on Wells Fargo for defrauding customers to generate more revenue. Much of that fraud took place in the retail banking ...

Wells Fargo & Co. moved another step closer to having ... Total penalties from a series of regulatory and other federal fines add up to at least $11.14 billion. Christopher Marinac, senior banking ...

A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular ...

Of the $806 billion that flowed across the network last year, only $166 million in transactions was disputed as fraud by customers of JPMorgan, Bank of America and Wells Fargo, the three ...