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Verdict coming on OCC's supervision of Wells Fargo

Jan 28, 2020 - American Banker

Last week, the Office of the Comptroller of the Currency rendered judgment on eight former high-level Wells Fargo executives. Still to come is a verdict on the agency's supervision of the San Francisco bank.

For more than three years, the Treasury Department's Office of Inspector General has been working on an assessment of the adequacy and timeliness of the OCC's actions in connection with sales practices at Wells Fargo.

The watchdog, which opened its project just weeks after the We...