The OCC also said the former head of Wells Fargo's Community Bank unit, Carrie Tolstedt, is still fighting the allegations against her. The regulator also seeks a prohibition order and $25 million from Tolstedt. The nation's fourth-largest bank, Wells Fargo has remained muddled in restructuring and regulatory reforms since 2016 stemming from the scandals at its consumer-facing community bank. The fallout has had lasting consequences for the San-Francisco-based bank, once a rapidly growing lender with eye-popping profits.