U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's U.S. regulator on Thursday announced it had banned former Chief Executive John Stumpf from the banking industry and charged him and seven other former executives combined more than $58 million in civil penalties for their roles in the bank's multi-year sales practices scandal.

from Reuters: Money News https://ift.tt/2NWn2aR