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Wells Fargo Q3 earnings fall 3%, sales practice investigation widens

The company set up procedures to alert customers about accounts being opened.        
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Wells Fargo Under Regulators' Probe over Business Practices

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

``The article reported how employees at Wells Fargo adopted fraudulent tactics to achieve the sky-scraping sales targets, including the opening of unauthorized and unnecessary customer accounts, issuing illegal credit cards and line...

Wells Fargo to pay $150 million-plus over allegations its workers opened fake accounts

Business & Finance : Money & Co

City and federal officials have reached a settlement of at least $150 million with Wells Fargo over allegations that the bank’s employees, driven by strict sales quotas, regularly opened new accounts for customers without their know...

Senator to push bill to let Wells Fargo customers sue over unauthorized accounts

Business & Finance : LA Times: Business

Sen. Sherrod Brown (D-Ohio) said Monday he plans to push legislation that would allow Wells Fargo & Co. customers to sue the bank over unauthorized accounts opened by employees trying to meet aggressive sales quotas. The escalating ...

The 4 ways Wells Fargo employees were ripping off customers, earning the bank a $185M fine

Business & Finance : Business Insider: Money Game

Wells Fargo is on the hook for $185 million in fines after settling charges brought by the Consumer Financial Protection Bureau of widespread abusive and illegal sales practices dating back to the beginning of 2011. The company, whi...

Wells Fargo Q3 earnings fall 3%, widens sales practice investigation

Business & Finance : USAToday: Money

Wells Fargo, the banking giant reeling from an abrupt CEO change due to a sham-accounts scandal, said Thursday its third quarter earnings fell 3%.        


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