Regulators drop the hammer on Wells Fargo execs at the center of fake account scandal

Jan 23, 2020By

Wells Fargo indicated just over a week ago that the fallout from its fake account scandal was far from over, disclosing that it has at least $3.1 billion set aside for expected litigation payouts. But that is at the company level. Meanwhile, the fallout for the executives who failed to prevent the fake account scandal looks to be far from over as well.

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Regulators drop the hammer on Wells Fargo execs at the center of fake account scandal Wells Fargo indicated just over a week ago that the fallout from its fake account scandal was far from over, disclosing that it has at least $3.1 billion set aside...
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