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KM Financial Solutions | UPDATE 2-Wells Fargo faces $1 billion fine to settle loan abuses
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UPDATE 2-Wells Fargo faces $1 billion fine to settle loan abuses

12 Apr UPDATE 2-Wells Fargo faces $1 billion fine to settle loan abuses

Posted at 13:25h in News by
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April 13 (Reuters) – Wells Fargo & Co has been
offered a penalty of $1 billion by regulators to resolve
outstanding investigations related to auto insurance and
mortgage lending abuses, the third-largest U.S. bank by assets
said on Friday.

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