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Foreign news: Tighter sanctions in the wake of Wells Fargo scandal

24 November 2016 4:54PM
United States financial regulator, the Comptroller of the Currency, is considering tougher sanctions in the wake of the Wells Fargo scandal, Reuters reports. Wells Fargo has agreed to pay a US$190 million settlement after it was found to have opened as many as two million accounts without customers' knowledge. Sanctions under consideration include putting a hold an executive payments and screening new leadership.

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