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KM Financial Solutions | UPDATE 4-U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal
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UPDATE 4-U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

22 Jan UPDATE 4-U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

Posted at 23:22h in News by
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Wells Fargo & Co’s
U.S. regulator on Thursday announced it had banned former Chief
Executive John Stumpf from the banking industry and charged him
and seven other former executives combined more than $58 million
in civil penalties for their roles in the bank’s multi-year
sales practices scandal.

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