Wells Fargo fires forex bankers, investigates unit: WSJ
FILE PHOTO: A Wells Fargo bank sign is pictured in downtown Los Angeles, California, U.S. August 10, 2017. REUTERS/Mike Blake/File Photo
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(Reuters) - Wells Fargo & Co (NYSE: WFC), the third-largest U.S. bank by assets, has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, the Wall Street Journal reported, citing people familiar with the matter and the bank.
The foreign-exchange investigation now shows there is also trouble in Wells Fargo's investment-banking arm, the WSJ reported. (http://on.wsj.com/2yCUaNF)
Wells Fargo did not respond immediately to a Reuters request for comment.
(Reporting by Diptendu Lahiri in Bengaluru; Editing by Anil D'Silva)
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