Consumer financial protection bureau hit wells fargo & co (wfc. n) with the watchdog's largest ever civil penalty on. Verkkowells fargo has agreed to cease and desist from committing or causing any future violations of these provisions and to pay a civil penalty of $500. Verkkowells fargo has agreed to pay $35 million to settle charges that some of the bank's financial advisers charged excessive fees. Wells fargo also has paid. Verkkowells fargo overhauled its board of directors and management, paid more than a billion dollars in fines and penalties and spent eight years trying to.
