Category Archives: Wells Fargo

Wells Fargo CEO Steps Down: New CEO Seeks to Restore Trust in Disgraced Bank

On September 8, 2016, The Consumer Financial Protection Bureau, the Los Angeles City Attorney and the Office of the Comptroller of the Currency fined Wells Fargo $185 million for opening two million bank accounts and/or credit cards without customer knowledge … Continue reading

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Wells Fargo Fined $100 Million

On Thursday, September 8th, 2016, Wells Fargo was fined $100 million by the Consumer Financial Protection Bureau – the largest fine the agency has ever levied against a bank. The bank was also made to pay an additional $50 million … Continue reading

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