now

loading...

Thursday, February 28, 2019

Wells Fargo Sees ‘Possible’ Legal Losses Rising by $500 Million

Wells Fargo Sees ‘Possible’ Legal Losses Rising by $500 MillionThe higher estimate for “reasonably possible” legal losses -- essentially a worst-case scenario -- shows risks grew as the bank and authorities examined abuses in recent months and discussed potential penalties. The change stems from “a variety of matters,” including probes of its sales to retail customers, Wells Fargo wrote Wednesday in an annual regulatory report.




from Yahoo News - Latest News & Headlines https://ift.tt/2SwIna9
via IFTTT

No comments:

Post a Comment

Florida now has 4 of the top 10 American cities where home prices are plummeting the most

from Yahoo News - Latest News & Headlines https://ift.tt/4AfF9L2 via IFTTT