U.S. bank regulator sharpens teeth on Wells Fargo, surprising critics

WASHINGTON (Reuters) - Long accused of being too soft, a U.S. bank regulator has surprised its critics with tough treatment of scandal-ridden lender Wells Fargo , culminating on Thursday in more than $58 million (44 million pounds) in fines against eight former executives at the bank.Consumer groups had worried that the Trump administration's pick to lead the Office of the Comptroller of the Currency (OCC), Joseph Otting, would do little to change its reputation for leniency. A former chief..