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California treasurer sanctions Wells Fargo over fake-accounts scandal

California's state treasurer announced Wednesday he has temporarily severed some business relationships with Wells Fargo & Co. over revelations that the bank created millions of accounts without customers' permission. Treasurer John Chiang said his office will no longer invest in Wells Fargo securities,...
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Wells Fargo CEO to forfeit $45 million in pay over fake-accounts scandal

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Embattled Wells Fargo & Co. Chief Executive John Stumpf will forfeit compensation worth about $45 million, part of the company’s response to the still-unfolding scandal over millions of fake accounts created by bank employees. Stump...

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California's state treasurer has announced he is suspending major parts of the state's business relationship with Wells Fargo because of a scandal involving unauthorized customer accounts.

California suspends investment business with Wells Fargo over account scandal

Politics / US Politics : Washington Watch

California Treasurer John Chiang hit Wells Fargo Bank with the loss of state investments and other sanctions Wednesday, punishing the mammoth bank for “fleecing” customers who had credit cards and … Click to Continue »

This Week In Credit Card News: More Bad News For Wells Fargo; Incredible Credit Card Bonuses

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California Hits Wells Fargo Where it Hurts California Treasurer John Chiang said Wednesday the state will suspend several key banking relationships with Wells Fargo to sanction the firm following allegations of "fleecing its custome...

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