Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Wells Fargo Bank, N.A.
Current Parent Company: Wells Fargo
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $70,000,000
Year: 2016
Date: May 25, 2016
Offense Group: financial offenses
Primary Offense: banking violation
Secondary Offense: mortgage abuses
Violation Description: The Office of the Comptroller of the Currency terminated its mortgage servicing-related order against Wells Fargo Bank, N.A. and assessed a $70 million civil money penalty against the bank for previous violations of the order.
Level of Government: federal
Action Type: agency action
Agency: Office of the Comptroller of the Currency
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.