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KM Financial Solutions | CORRECTED-(OFFICIAL)-UPDATE 1-Wells Fargo brokerage to return $3.4 mln for risky products
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CORRECTED-(OFFICIAL)-UPDATE 1-Wells Fargo brokerage to return $3.4 mln for risky products

15 Oct CORRECTED-(OFFICIAL)-UPDATE 1-Wells Fargo brokerage to return $3.4 mln for risky products

Posted at 17:51h in News by
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NEW YORK, Oct 16 (Reuters) – A brokerage industry regulator
on Monday ordered Wells Fargo & Co to return $3.4
million to customers after selling them inappropriate investment
products, the latest sign that a culture of problematic sales
practices has bled into areas outside its consumer bank.

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