Wells Fargo Ex-CEO Banned, to Pay $17 Million in Fake-Account Scandal

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Wells Fargo Ex-CEO Banned, to Pay $17 Million in Fake-Account Scandal

A regulator barred former
Wells Fargo
WFC -0.70%
& Co. chief executive
John Stumpf
from the banking industry and fined him $17.5 million over the firms fake-accounts scandal, an extraordinary sanction for a top executive at a large bank. Mr. Stump…
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