Wells Fargo (WFC) CEO Stumpf Updates on Actions Taken to Address Improper Sales Practices
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Wells Fargo fined $24 million over servicemember loans
September 29, 2016 2:17 PM EDT(Reuters) - Wells Fargo & Co was fined about $24 million on Thursday by federal regulators for alleged violations of the Servicemembers Civil Relief Act, piling more pressure on the bank already embroiled in a sales abuse scandal.
Wells Fargo Bank, doing business as Wells Fargo Dealer Services, agreed to pay more than $4.1 million after the Justice Department alleged it... More
Wells Fargo (WFC) Said to Face U.S. DOJ Sanction Over Improper Seizing of Soldiers' Cars
September 29, 2016 12:17 PM EDT(Updated - September 29, 2016 12:24 PM EDT)
Wells Fargo (NYSE: WFC) said to face U.S. DOJ sanction on seizing soldiers' cars, according to Bloomberg.
UPDATE - The report has federal regulators and the Office of the Comptroller of the... More
