SUBSCRIBERS
Wells Fargo sales abuses face prospect of sanctions
Staff at Office of the Comptroller of the Currency 'have recommended enforcement action'
Add BT as a preferred sourcePublished Tue, Oct 3, 2017 · 09:50 PM
Washington
THE main regulator for Wells Fargo & Co is considering whether to sanction the US bank over improperly charging customers for car insurance and mortgage loans, according to a source familiar with the matter.
The Office of the Comptroller of the Currency (OCC) has for weeks debated how to take action on the insurance and mortgage issues which came to light this summer, said the source.
Share with us your feedback on BT's products and services
