Wells Fargo inks new $240 million settlement over execs’ knowledge of fake accounts

Wells Fargo inks new 0 million settlement over execs’ knowledge of fake accounts
Well, it’s been about two months since Wells Fargo reached a nine-figure settlement over its recent scandals, and that means it must be time for another one. The bank revealed this week that it agreed to a new $240 million settlement over claims that its executives did not do enough to address the issues that led to the bank’s fake accounts scandal. But unlike the bank’s previous settlements over the fake accounts, this settlement will see the bank get the money instead of paying it out.
Source: https://www.housingwire.com/rss