Former Wells Fargo CEO John Stumpf banned for life from banking, ordered to pay $17.5M

Share to friends17.7KSharesJohn Stumpf, the former CEO of Wells Fargo, has been banned for life from banking. The announcement was made on Thursday January 23 by the U.S. government’s Office of the Comptroller of the Currency. The former CEO, who presided over the bank while it opened millions of potentially fake accounts, was also ordered to … Continue reading Former Wells Fargo CEO John Stumpf banned for life from banking, ordered to pay $17.5M