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 and BNP Paribas will pay millions of ... Last September, the SEC announced $1.1 billion in fines against firms including Bank of America, Citigroup and Goldman Sachs.

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 ...

Wells Fargo’s solid Q1 and nearing regulatory resolution support its recovery, but valuation and macro risks limit upside.

Wells Fargo says the claims "are without merit," adding that "identity theft is a broad industry problem" and that it spends "hundreds of millions of dollars annually" to fight fraud. The bank ...