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US bank regulator fines three former Wells Fargo executives for roles in fake accounts scandal
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US bank regulator fines three former Wells Fargo executives for roles in fake accounts scandal
Jan 14, 2025 10:59 AM

WASHINGTON, Jan 14 (Reuters) - A U.S. banking regulator

announced on Tuesday it had fined three former executives at

Wells Fargo ( WFC ) for their roles in the bank's long-running

fake accounts scandal.

The Office of the Comptroller of the Currency said Claudia

Russ Anderson, the bank's former community bank group risk

officer, would be fined $10 million and prohibited from working

in the banking industry. David Julian, the bank's former chief

auditor and Paul McLinko, its former executive audit director,

were fined $7 million and $1.5 million, respectively.

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