More than two years after reaching the first of many high-profile settlements with federal and state regulators, Wells Fargo once again has agreed to pay a monetary sum to settle charges involving illicit activity similar to those revealed involving retail sales at Wells Fargo Community Bank – charging customers for products or services without consent.
Few companies can speak to how heavily the burden of past mistakes can weigh on a company with more authority than Wells Fargo and how long the remediation process can take.
Find out how one of the company’s latest regulatory stumbling block ties into the bigger picture.