KM Financial Solutions | UPDATE 3-Bank regulator charges ex-Wells Fargo executives for role in sales scandal
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UPDATE 3-Bank regulator charges ex-Wells Fargo executives for role in sales scandal

UPDATE 3-Bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co’s
regulator on Thursday announced it had brought civil charges
against eight former executives, including former Chief
Executive Officer John Stumpf, marking the first federal action
against individuals for their role in the bank’s three-year
sales practices scandal.

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