The human resource department at Wells Fargo received a sharp rebuke over their handling of the 2016 fake-account scandal from a top bank regulator with the Office of the Comptroller of the Currency.
The regulator issued warnings to the Wells Fargo HR department in July, with a list of issues to manage, including addressing 3,000 employee complaints and putting systems in place to deal with clawback compensation and other oversight failures linked to the fake-account scandal, according to The Wall Street Journal.
