News

Oversight Lawsuit Targets Wells Fargo Over Allegations of 'Sham' DEI Hiring Initiatives
The complaint alleges Kleber Santos, the executive who led the company's diverse search requirement program, allegedly ...
Banking Dive10d
Ex-Wells exec sues Fed for deferred compensation
James Richards’ restricted share rights were denied in March, arguably over Wells Fargo’s “troubled condition” and whether ...
American Banker13d
Golden parachute? Ex-Wells Fargo exec sues Fed over pay
Jim Richards, who served as the bank's head of anti-money-laundering compliance, says the Federal Reserve is wrongfully ...
Winston-Salem Journal21d
Wells Fargo agrees to $100 million settlement in shareholder lawsuit
Wells Fargo & Co ... since the start of 2025. The lawsuit cites consent orders issued by the Federal Reserve, the U.S. Office of the Comptroller of the Currency and Consumer Financial Protection ...
American Banker14d
David Julian, ex-Wells Fargo exec who battled OCC, sounds off
Julian, the bank's onetime audit chief, recently agreed to settle with the Office of the Comptroller of the Currency for a ...
Wells Fargo gets another federal penalty lifted, but still has 3 big ones to go
Wells Fargo’s CEO says the bank “is a different and stronger company today” after correcting its compliance problems.
Wells Fargo Hit With Oversight Lawsuit Over Allegations of 'Sham' DEI Hiring Initiatives
The complaint alleges that when the public learned in June 2022 that Wells Fargo's DEI "shams" involved conducting interviews ...