Despite the fact that banking scandals and large fines handed down by the CFPB have become something of a de rigueur part of life for those who work in financial services over the last several years, Wells Fargo certainly managed to turn some heads last...
September 03, 2023
Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. Carrie Tolstedt agreed earlier this year to plead guilty to obstructing an investigation into her bank’s practice of opening accounts for millions of customers without their consent. And a Bloomberg News report Saturday (Sept. 2) — citing court documents — says prosecutors believe she should serve a […]
