Wells Fargo said there is no proof that its officers acted with intent to defraud or mislead in statements to the public or ...
The Office of the Comptroller of the Currency banned the bank’s former community bank group risk officer for life, among ...
Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts ...
The government accused three big banks of failing to protect consumers from fraud on the payment network Zelle.
The trio had been previously charged by the OCC in 2020, alongside other former senior leadership of the bank, but had opted ...
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday ... by failing to take steps to prevent and address fraud on Zelle. The agency seeks an unspecified amount ...
Customers across the three banks have lost a combined $870 million since Zelle launched in 2017, regulators claim.
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments ...