UPDATE 4-U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal
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.
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.
Posted by Reuters