National News

The Hits Keep Coming: Office of the Comptroller of Currency Fines Wells Fargo $500 Million for “Financial Harm to Consumers” and Other Violations

     The Office of the Comptroller of the Currency (OCC) assessed a $500 million penalty against Wells Fargo Bank, N.A. “and ordered the bank to make restitution to customers harmed by its unsafe or unsound practices, and develop and implement an effective enterprise-wide compliance risk management program,” according to a press release about the fine. […]