US regulator knocks its own handling of Wells Fargo sales scandal

Wells Fargo and its U.S. bank regulator discussed complaints of high-pressure sales tactics as early as 2010 but officials took no action for years, according to a regulator’s review of the scandal. Bank examiners “failed to follow-up on significant...

US regulator knocks its own handling of Wells Fargo sales scandal

Wells Fargo and its U.S. bank regulator discussed complaints of high-pressure sales tactics as early as 2010 but officials took no action for years, according to a regulator’s review of the scandal. Bank examiners “failed to follow-up on significant...