Bank regulator charges ex-Wells Fargo executives for role in sales scandal
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WASHINGTON (Reuters) - Wells Fargo & Co's regulator on Thursday announced it had brought civil charges against eight former executives, including former Chief Executive Officer John Stumpf, marking the first federal action against individuals for their role in the bank's three-year sales practices scandal. The unprecedented enforcement action by the Office of the Comptroller of the Currency (OCC), which has been under pressure from lawmakers to take a tough line on the bank, is one of a long..