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Wells Fargo close to roughly $3 billion settlement that would end probes into sales practices

WorldNews Friday, 21 February 2020
Wells Fargo close to roughly $3 billion settlement that would end probes into sales practicesWells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. Though a dollar figure was not disclosed, the bank has set aside $3.1 billion for legal expenses associated with the...
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News video: Wells Fargo Agrees to Pay $3 Billion to Resolve Probes into Fraudulent Practices

Wells Fargo Agrees to Pay $3 Billion to Resolve Probes into Fraudulent Practices 01:18

Wells Fargo has agreed to settle claims linked to the creation of millions of fake accounts for profit.

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