Wells Fargo will pay nearly $98 million to settle charges a subsidiary facilitated more than $532 million worth of prohibited transactions in violation of sanctions against Iran, Syria, and Sudan. The Federal Reserve Board announced Thursday it fined Wells Fargo $67.8 million for oversight failures, and ...Read More

A former compliance employee for JPMorgan Chase Bank NA has agreed to drop a retaliation lawsuit against the bank. Shaquala Williams, a former JPMorgan vice president, had sued her former employer last year, alleging the bank fired her for raising concerns about its compliance program. A federal ...Read More