Ex-Wells Fargo Executives Face Millions in Fines for Misconduct
1 day ago · 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 sector for misconduct and “unsafe or unsound” sales practices.. Anderson will pay $10 million, the OCC said Tuesday in a statement.Also fined were Chief Auditor David Julian, who will pay $7 million ...
OCC Imposes Civil Money Penalties Against Three Former …
1 day ago · The Office of the Comptroller of the Currency (OCC) today announced enforcement actions against three former senior executives of Wells Fargo Bank, N.A., Sioux Falls, South Dakota (bank). These actions were taken in response to the former executives' unsafe or unsound banking practices related to the bank's systemic and widespread sales practices misconduct.
Bank regulator fines three former Wells Fargo execs over fake …
5 hours ago · The Office of the Comptroller of the Currency said Claudia Russ Anderson, the bank's former community bank group risk officer, would be fined $10 million and prohibited from working in the banking ...
3 ex-Wells Fargo execs fined $18.5M over fake-accounts scandal
9 hours ago · The OCC banned Wells Fargo’s former community bank group risk officer, Claudia Russ Anderson, from working in the banking industry for life and gave her a $10 million penalty, saying she failed, between 2013 and 2016, to credibly challenge an incentive program at the bank that the regulator found encouraged sales staff to create bank accounts ...
3 former Wells execs fined a combined $18.5M in penalties; …
1 day ago · In one order, Claudia Russ Anderson, Wells’ former community bank group risk officer, was prohibited Tuesday by the Office of the Comptroller of the Currency (OCC) from participating in the affairs of any federally insured financial institution and …
Ex-Wells Fargo Executives Face Millions in Fines for Misconduct
1 day ago · 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 ...
3 former Wells Fargo execs ordered to pay over $18 million in …
12 hours ago · Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal. ... Claudia Russ Anderson, the former community bank group risk ...
OCC Fines Three Former Wells Fargo Executives $18.5 Million …
1 day ago · The Office of the Comptroller of the Currency has fined three former Wells Fargo executives $18.5 million for unsafe sales practices from 2013 to 2016, including reckless decisions and failure to address systemic misconduct. ... The agency fined Claudia Russ Anderson — Wells' former Community Bank Group Risk Officer — $10 million and banned ...
OCC Fines Ex-Wells Fargo Execs $18.5M For Sales Practices
18 hours ago · The OCC's acting comptroller, Michael Hsu, ordered the fines in final decisions against Claudia Russ Anderson, a former senior risk officer for Wells Fargo's retail banking division, David Julian ...
Ex-Wells Fargo execs to pay $18.5M in fake sales scandal | Rock …
11 hours ago · Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Claudia Russ Anderson, the ...
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