Former Wells Fargo CEO and senior exec hit with new SEC charges

The feds slapped ex-Wells Fargo chief John Stumpf and the bank’s former community banking head Carrie Tolstedt with fresh civil charges and fines over their roles in the fraud scandal that rocked the bank in 2016. The Securities and Exchange Commission said Friday that Stumpf and Tolstedt intentionally misled investors about Wells’ community bank as…
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