In 2011, the bank was ordered to pay an $85M civil penalty, the largest the Fed had assessed in a consumer-protection ...
In 2022, the CFPB had ordered the bank to pay $3.7 billion for ‘widespread’ problems with its auto loans, mortgages and deposit accounts.
Wells Fargo paid Chief Executive Charlie Scharf $31.2 million for 2024, a more than 7% raise from a year earlier. Scharf earned a base salary of $2.5 million and a cash bonus of $7.2 million ...
The bosses of the biggest banks on Wall Street all got pay bumps, but the biggest raise belonged to Citigroup CEO Jane Fraser ...
Wells Fargo’s scandal and regulatory problems Wells Fargo ... In 2020, the bank agreed to pay a $3 billion fine to federal prosecutors and the SEC over its practices.
Wells Fargo & Co. may be a step closer to resolving the federal regulatory challenges overshadowing the bank since its fraudulent customer account scandal ... Wells Fargo to pay $1.7 billion ...
Kowbird has also been sued for alleged American with Disabilities Act violations, which Horn addressed in his statement.
Ever since the global financial crisis, in an attempt to align pay to shareholder returns ... same amount as someone at Goldman Sachs or Wells Fargo & Co. In fact, Deutsche Bank staffers in ...