America’s most vilified bank CEO since the financial crisis has just been expelled from the industry. Wells Fargo’s ex-chief executive John Stumpf has been barred from working in banking for the rest of his life and has been ordered to pay a $17.5 million fine as punishment for his role in a fake-account scandal that duped millions of Wells Fargo customers. The Office of the Comptroller of the Currency announced Thursday that it has reached an agreement with Stumpf and two other former bank executives. Five more are being charged by the OCC, including Wells’ disgraced former head of community banking, Carrie ... (full story)