KM Financial Solutions | UPDATE 3-Wells Fargo faces $1 billion fine from loan abuses
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UPDATE 3-Wells Fargo faces $1 billion fine from loan abuses

UPDATE 3-Wells Fargo faces $1 billion fine from loan abuses

April 13 (Reuters) – Two U.S. regulators have proposed Wells
Fargo & Co pay $1 billion in penalties to resolve probes
into auto insurance and mortgage lending abuses at the third
largest U.S. bank, overshadowing its first quarter results.

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