In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...

An curved arrow pointing right. Wells Fargo CEO John Stumpf is retiring, effective immediately. He'll be replaced by Tim Sloan, who has been with the bank for over 25 years. Stumpf has recently ...

John Stumpf became Chairman for Wells Fargo & Company in January 2010. He was named Chief Executive Officer in June 2007, elected to Wells Fargo s Board of Directors in June 2006, and has been ...

In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and ...

That included former CEO John Stumpf, who was ordered to pay $17.5 million. In May 2023, Wells Fargo was settling a class-action lawsuit from shareholders for $1 billion over claims the bank ...

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo WFC.N for ... including former CEO John Stumpf, a total of $43.2 million. Banking scandals:TD Bank ...

That year, Anderson, Julian and McLinko were among 11 former Wells Fargo senior executives charged by the comptroller’s ...

Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and ...