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Illinois suspends Wells Fargo business

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)        
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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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