Fed order could cut $400M from Wells Fargo’s profit this year

Source: Kevin McCoy, USA TODAY

Wells Fargo says Federal Reserve sanctions on the bank after a fake accounts scandal and other problems could reduce the embattled bank's profits by as much as $400 million this year.

Read Full Article: Fed order could cut $400M from Wells Fargo’s profit this year

 

Tags/Keywords

banks, wells fargo, federal reserve


 
 

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