The Federal Reserve has concluded its investigation into Wells Fargo's decades' long practice of pressuring employees to open fraudulent accounts in the names of its customers to inflate its quarterly figures and rack up service charges. (more…)

Topics:  federal reserve   wells fargo   account   
BING NEWS:
  • Senator Warren urges Fed to keep Wells Fargo asset cap
    The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic Senator Elizabeth Warren told the U.S.
    11/20/2024 - 1:05 am | View Link
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