By
Martin Woods2020-08-14T18:09:00
Wells Fargo is now operating under a different regime, but what have the billions of dollars the bank has spent in attending to the compliance failures that arose out of its fake account scandal delivered? Not enough, posits Martin Woods.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2022-08-08T18:13:00Z By Aaron Nicodemus
Democratic senators are calling on U.S. Bank to answer questions before a Senate committee regarding an alleged fake accounts scandal the bank recently paid $37.5 million to settle.
2022-07-29T17:00:00Z By Aaron Nicodemus
U.S. Bank agreed to pay a $37.5 million fine and to return fees charged to customers related to the bank’s alleged opening of accounts and access of credit reports without their permission, the Consumer Financial Protection Bureau announced.
2021-09-28T19:42:00Z By Jaclyn Jaeger
Wells Fargo Bank agreed to pay a total of approximately $72.6 million to resolve allegations it fraudulently overcharged hundreds of commercial customers who used the bank’s foreign exchange services.
2026-01-06T13:15:00Z By Ruth Prickett
What will be the critical tech issues for compliance in 2026? We asked experts what tech, digital, and cyber issues they believe compliance teams should be focusing on in the year ahead.
2026-01-06T12:00:00Z By Ruth Prickett
AI mistakes can lead to viral news stories and, sometimes, big legal bills. How can compliance managers learn from past mishaps and protect their organizations as AI becomes increasingly integrated into every part of our working lives? We asked experts what compliance should do to make sure AI toes the ...
2026-01-05T13:29:00Z By Ruth Prickett
What will you be doing in the coming year? We asked experts in a range of sectors to gaze into their crystal balls and highlight one legal development or compliance topic that will be critical for compliance teams in 2026. This is an edited version of what they told us.
Site powered by Webvision Cloud