On CNBC's “Mad Money Lightning Round,” Jim Cramer said Wells Fargo & Company (NYSE:WFC) is going to go higher, adding that it's a “winner.” On Sept. 17, the San Francisco-based bank launched specialized Application Programming Interfaces (APIs) for

The Office of the Comptroller of the Currency, a top banking regulator in the United States, said Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its risk management practices.

Shares of Wells Fargo & Co (NYSE: WFC) dipped following news of an enforcement action by the Office of the Comptroller of the Currency (OCC), citing the bank’s insufficient anti-money laundering efforts.

Wells Fargo stock dropped 5.2% after facing enforcement action for deficiencies in financial crimes risk management and anti-money laundering controls.

The Office of the Comptroller of the Currency (OCC), a top banking regulator in the United States, said on Thursday it has issued an enforcement action against Wells Fargo due to deficiencies in its risk management practices.