Wells Fargo reform plans fail to satisfy Fed after scandals -sources
05 Dec Wells Fargo reform plans fail to satisfy Fed after scandals -sources
Posted at 11:00h
in
News
by KMFSLLP
The Federal Reserve has
rejected Wells Fargo & Co’s plans to prevent further
consumer abuses and told the scandal-plagued lender it needs
stronger checks on management, according to three people with
knowledge of the discussions.
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