Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach::Wells Fargo, a relatively small player on Wall Street, racked up the most fines Tuesday, with a total of $200 million in penalties.

        • @[email protected]English
          23•1 year ago

          Not really. Put the C suite in prison and I’m sure the next crew will think twice. They can try and throw underlings under the bus but we don’t have to accept that. The buck stops at the top.

        • kroldenEnglish
          1•1 year ago

          Send the whole corporation to prison since they have legal rights same as I do (but I can’t afford to enforce mine).

    • @[email protected]English
      7•1 year ago

      They’ll just pass it along to the customers though, that would have to be made very illegal first… and even then they’d probably do it anyway and blame it on the tellers. In the sea of illegal things Wells Fargo has already done that wouldn’t even make a ripple.

      • @xePBMg9English
        2•1 year ago

        They can pass whatever they want on to the customer; as long as they follow the rule of law. If they charge too much, their buissnes idea was unsound and will most likely be done better by a competitor.