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Wells Fargo deal in doubt as scandal deepens

Published Sun, Sep 3, 2017 · 09:50 PM
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San Francisco

WELLS Fargo & Co's disclosure last week that its sales people opened significantly more potentially unauthorised accounts than previously stated may jeopardise the US$142 million class action settlement with customers that won preliminary approval from a judge in July.

The scandal came to light a year ago, after regulators slapped Wells …

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