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Tag: customer accounts

Capital and Risk, Operational

Wells Fargo agrees to pay $3bn fine for fraudulent account furore

February 25, 2020

Via: Banking Technology

The bank, fourth-largest in the US, will pay the hefty fine to both the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). The SEC will receive around $500 million of the total figure, which it plans […]