Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Regulatory

Wells Fargo coughs up $4.5 billion

Wells Fargo will fork out $4.5 billion to resolve the fake account scandal that has continued to rattle the world's fourth largest bank since 2016.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?

Read more: Wells Fargo,  Community Bank,  Fair Fund,  Andrew Murray,  Charlie Scharf,  Securities and Exchange Commission,  Stephanie Avakian,  Department of Justice,  Fake accounts