Federal authorities said Wednesday that Carrie Tolstedt, the former head of
Wells Fargo's community banking division, has agreed to plead guilty to
obstructing regulators' probe of the banking giant's past sales practices
misconduct and pay a related $17 million civil penalty.
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From: Banking Law360
Date: Wed, Mar 15, 2023, 3:04 PM
Subject: BREAKING: Ex-Wells Fargo Retail Bank Head Pleads Guilty, Fined $17M
To:
Federal authorities said Wednesday that Carrie Tolstedt, the former head of
Wells Fargo's community banking division, has agreed to plead guilty to
obstructing regulators' probe of the banking giant's past sales practices
misconduct and pay a related $17 million civil penalty.
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BREAKING: Ex-Wells Fargo Retail Bank Head Pleads Guilty, Fined $17M
https://www.law360.com/banking/articles/1586384?nl_pk=18419650-a93f-42ac-aefb-969852c4f61f&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=1586384&nlsidx=0&nlaidx=0
By Jon Hill
Federal authorities said Wednesday that Carrie Tolstedt, the former head of
Wells Fargo's community banking division, has agreed to plead guilty to
obstructing regulators' probe of the banking giant's past sales practices
misconduct and pay a related $17 million civil penalty.
1 document attached | Read full article »
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