February 22, 2020 in Indian Business News

Wells Fargo to pay $3 bln for fake accounts

Business

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Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement.

Republished. Link to Original Article: http://feeds.reuters.com/~r/reuters/INVideoBusiness/~3/zJpyKGCFjTw/wells-fargo-to-pay-3-bln-for-fake-accoun