Wells Fargo agreed to pay $3 billion to settle charges after millions of fake accounts were opened in customers' names, the Justice Department said
The bank reached a settlement with federal prosecutors and the Securities and Exchange Commission after abusing customers.
Wells Fargo has agreed to pay $3 billion to settle criminal charges and a civil action stemming from its widespread mistreatment of customers in its community bank over a 14-year period, the Justice Department announced on Friday.The penalty, while large, is not record breaking. In 2015, a judge ordered BNP Paribas to pay nearly $9 billion for sanctions violations. Friday’s fine is not even the largest against Wells Fargo. In 2012, when the country’s five largest banks
Senior Justice Department officials told journalists in a briefing on Friday that the bank’s payments to other authorities, including
Read more: The New York Times
UK Prime Minister Boris Johnson transferred to intensive care
Over 51,000 people in the United Kingdom have tested positive for COVID-19, including Prime Minister Boris Johnson and Prince Charles, heir to the British throne.
oh god thats terrible you cant get a long or a credit card from the bank but you can take money from poor people wells fargo should be careful who they hire it just cost them 3 billion dollars but who get the money the bank custermers do i get some of the law suite
Katie Price shows off her shrinking frame as she enjoys boozy nightFormer glamour model Katie Price appeared in high spirits as she headed out in Newcastle with the Geordie Shore stars
Tesla stock price boosts Hochschild Mining's hopes for rare earths - Business InsiderThe surging stock price of Elon Musk's electric-car startup bodes well for Hochschild Mining's rare-earth business. here i am, missing another chance to become a millionaire because i lack investment capital, bitcoin ibuypowerholo tesla interesting... would like to see a correlation there but those two sectors have been moving opposites, tech vs natural metals. maybe if you consider tesla just a battery company i could see this
'Price Is Right' Shuts Down Following Death Of Drew Carey's Ex-Fiancée Amie Harwick‘Price Is Right’ Shuts Down Following Death Of Drew Carey’s Ex-Fiancée Amie Harwick How sad
Bizarre Beverly Hills home tied to Dr. Phil sells for full asking priceA Beverly Hills villa owned by Dr. Phil's family trust — whose listing went viral last month due to its unorthodox style — sells for $5.75 million. Which Trump supporter bought it? Eww.. It was priced way below market that’s why
Ex-NFL Agent Projects Tom Brady’s ‘Target Price’ For Next ContractA report surfaced last week saying the Las Vegas Raiders are willing to offer Tom Brady a two-year, $60 million…
U.S. Women’s Soccer Team Sets Price for Ending Lawsuit: $67 MillionThe U.S. women's soccer team, winners of 2 consecutive World Cup championships, is seeking almost $67 million in their equal pay lawsuit against the U.S. Soccer Federation. The federation asked a judge to dismiss the claim entirely. The amount of $ generated by Woman's Soccer is nowhere near what the Men generate. Infact it is a joke to try to make a comparison. The competition level of the Men's game is much higher then the Woman's. The US woman have no case but in this PC environment they will probably win First world capitalist problems. justindchapman Anyone else also had absolutely no idea that woman's soccer is a thing? XD