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Auto and mortgage businesses

Wells Fargo agrees to pay $1 billion to settle customer abuses

Wells Fargo agrees to pay $1 billion to settle customer abuses

Fri, Apr 20, 2018

Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at its auto and mortgage businesses, the bank and regulators said on Friday, confirming an earlier Reuters report. The settlement is the most aggressive move by regulators during the

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