
The Office of the Comptroller of the Currency assessed a $35 million civil money penalty against Wells Fargo Bank, N.A., and ordered the bank to make restitution to customers who were harmed by the bank?S unsafe or unsound sales practices, including the unauthorized opening of deposit or credit card accounts and the transfer of funds from authorized, existing accounts to unauthorized accounts. For more info visit http://www.occ.gov/news-issuances/news-releases/2016/nr-occ-2016-106.html