Wells Fargo To Pay $3 Billion To U.s., Admits Pressuring Workers In Fake-accounts Scandal

Reuters: Business News, Reuters: Business
Fri, 02/21/2020 - 5:42pm

Wells Fargo & Co has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices and has admitted to pressuring employees in a fake-accounts scandal, U.S. officials said on Friday, wrapping up one of the last major investigations looming over the bank.

Topics: wells fargo co u.s pressuring pay billion fake-accounts scandal

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Wells Fargo To Pay $3 Billion To U.s., Admits Pressuring Workers In Fake-accounts Scandal

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