For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes.For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes. Banking and Financial Institutions, Regulation and Deregulation of Industry, Frauds and Swindling, Ethics and Official Misconduct, Fines (Penalties), Federal Reserve System, Wells Fargo & Company, Scharf, Charles W, Barr, Michael S Read More
Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals
