08-09-2016 22:37 via abqjournal.com

Updated: Wells Fargo fined $185 million for improper account openings

NEW YORK — California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank’s employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals. The San Francisco-based bank will pay $100 million to the Consumer Financial Protection Bureau, a federal agency created five […]
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