Skip to main content
Tags: wells | fargo | technology | regulators

WSJ: Regulators Warn Wells Fargo Over Technology Oversight

wells fargo bank in manhattan
(Vividrange/Dreamstime)

Wednesday, 07 November 2018 02:45 PM EST

Wells Fargo received a warning from the Office of the Comptroller of the Currency (OCC) in recent weeks related to its technology operations, the Wall Street Journal reported on Wednesday citing people familiar with the matter.

The bank (WFC) also has failed or isn't expected to meet deadlines on around two dozen technology-focused OCC regulatory warnings known as "Matters Requiring Attention" that have been issued since 2014 or earlier, the WSJ reported.

The warning adds to the bank's list of woes since the sales scandal erupted more than two years ago.

Wells Fargo was not immediately available to comment, while OCC declined to comment. 

© 2025 Thomson/Reuters. All rights reserved.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.

StreetTalk
Wells Fargo received a warning from the Office of the Comptroller of the Currency (OCC) in recent weeks related to its technology operations, the Wall Street Journal reported on Wednesday citing people familiar with the matter.
wells, fargo, technology, regulators
104
2018-45-07
Wednesday, 07 November 2018 02:45 PM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved