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Wells Fargo agrees to $3.7 billion settlement with Consumer Financial Protection Bureau over consumer abuses tied to , and fees.

The bank said fourth-quarter expenses would include a $3.5 billion operating loss, or $2.8 billion after taxes, from the incremental costs of the CFPB civil penalty and customer remediation efforts, as well as other legal matters.


cnbc.com/2022/12/20/wells-farg

#mortgages #autoloans #overdraft #wellsfargo #cfpb

Last updated 2 years ago