Saturday, 29 December 2018

Exclusive: Wells Fargo to pay at least $500 million in settlement with U.S. states

By Patrick Rucker and Imani Moise NEW YORK/RALEIGH, N.C. (Reuters) - Wells Fargo & Co will pay at least $500 million to settle claims made by U.S. states that the bank created phony accounts and other customer abuses, said a source familiar with a deal due to be announced on Friday.

from Latest News Business on Firstpost http://bit.ly/2LGQ0ZO

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