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OCC seeks additional $11M from three former Wells Fargo executives

Apr 22, 2021 - American Banker
Net Worth, Wealth, and Assets

Federal regulators are seeking millions of additional dollars in penalties from three former Wells Fargo executives, escalating the legal fight over culpability for the company's phony-accounts scandal.

The Office of the Comptroller of the Currency now wants $10 million from former community banking executive Claudia Russ Anderson, up from the $5 million it had previously sought. The agency is seeking a $7 million penalty from former chief auditor David Julian, up from $2 million before, a...