SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today confirmed that the Office of the Comptroller of the Currency (OCC) terminated a consent order it issued in 2016 regarding sales practices misconduct.
Wells Fargo said Thursday one of its primary regulators lifted a key penalty from its 2016 fake accounts scandal. The bank said in a release that the Office of the Comptroller of the Currency ...
Charlie Scharf, Wells Fargo’s CEO, who joined the company in 2019, said of today’s news: “I have repeatedly said that implementing a risk and control framework appropriate for a bank of our size and ...
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