WASHINGTON (Reuters) – A U.S. bank regulator announced Monday it had fined three former executives at Wells Fargo Bank
The Office of the Comptroller of the Currency announced it had imposed a $925,000 fine on Matthew Raphaelson, the former community bank group finance officer, and barred him from the banking industry. It also imposed a $400,000 fine on Kenneth Zimmerman, the bank’s former head of community bank deposit products group, and a $350,000 fine on Tracy Kidd, the former head of community bank human resources.
(Reporting by Pete Schroeder; editing by Jonathan Oatis)
