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Browse: Home / 2018 / December / 28 / Wells Fargo pays $575 million to settle state investigations – NZ Herald

Wells Fargo pays $575 million to settle state investigations – NZ Herald

By Securities Docket on December 28, 2018, 4:21 pm

Wells Fargo will pay $575 million in a settlement with attorneys general from all 50 states and the District of Columbia that are investigating fake accounts opened without the knowledge of customers and a string of other dodgy practices.

Under the agreement announced Friday, the bank will also create teams to review and respond to customer complaints about its banking and sales practices.

via Wells Fargo pays $575 million to settle state investigations – NZ Herald.

Posted in Regulation, Top | Tagged State AGs, Wells Fargo

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