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 KMFSLLP
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.
![](http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/YiO1dPG7OoA)
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