Remove Account Analysis Remove Accounts Remove OCC
article thumbnail

Wells Fargo’s Earnings May Change With Potential $1B Penalty

PYMNTS

The CFPB [Consumer Financial Protection Bureau] and OCC [Office of the Comptroller of the Currency] have collectively offered to resolve for an aggregate of $1bn in civil money penalties,” the bank said. “At The company said last summer that the number of fake accounts jumped to 3.5 The original account analysis reviewed 93.5