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Illinois suspends business with Wells Fargo

Wells Fargo stands to lose another big business customer: the state of Illinois.        
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Less than a week after California suspended doing some business with Wells Fargo & Co. over its fake accounts scandal, Illinois is following suit.  State Treasurer Michael Frerichs announced Monday that his office will not buy or se...

Ill. is the Latest State to Suspend Business With Wells Fargo

Ethnicity & Race / African American : The Root

Illinois state treasurer Michael Frerichs said Monday that his office will suspend investment activity with Wells Fargo in light of the bank’s ongoing fraud scandal and investigation, USA Today reports. “Wells Fargo is a big financi...

Illinois suspends Wells Fargo business

Business & Finance : USAToday: Money

Illinois state Treasurer Michael Frerichs says Wells Fargo will lose millions of dollars in fees after the state suspended $30 billion in investment activity with the troubled bank on Monday. (Oct. 3)        

Illinois expected to suspend business with Wells Fargo

Business & Finance : USAToday: Money

Wells Fargo stands to lose another big business customer: the state of Illinois. Illinois Treasurer Michael Frerichs is expected to announce that the state will suspend its investment business.        


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