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KM Financial Solutions | Fed restrictions continue to badger Wells Fargo; U.S. banks down
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Fed restrictions continue to badger Wells Fargo; U.S. banks down

04 Feb Fed restrictions continue to badger Wells Fargo; U.S. banks down

Posted at 15:47h in News by
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Feb 5 (Reuters) – Wells Fargo & Co’s shares fell as
much as 9.4 percent to $58.05 on Monday, sparking a sector-wide
sell off after the Federal Reserve imposed regulatory
restrictions on the bank, forcing it to improve its governance
and controls in the wake of the sales scandal.

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