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| September 25, 2018

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Fed nominees slam Wells Fargo for consumer abuses and indicate bank's growth cap will be tough to lift -

Fed nominees slam Wells Fargo for consumer abuses and indicate bank’s growth cap will be tough to lift

Two Federal Reserve nominees on Tuesday slammed Wells Fargo & Co., for its consumer abuses and indicated that they would have to see significant improvements before voting to lift a cap on the San Francisco bank’s growth.

“Just based upon the news accounts, which of course is all I have to go on,…


L.A. Times – Business

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