Three former Wells Fargo executives must pay $18.5 million for their role in the bank’s widespread fake sales accounts scandal that came to light nearly a decade ago. Based in San Francisco ...

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

N.A., (collectively ‘Wells Fargo’) agreed to pay $3 billion to resolve their potential criminal and civil liability stemming from its fraudulent accounts scandal between 2002 and 2016 of ...

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 ...

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.