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Wells Fargo reform plans fail to satisfy Fed after scandals: sources

Business The Federal Reserve has rejected Wells Fargo & Co’s plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions. A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith 06 Dec 2018 07:10PM(Updated: 06 Dec 2018 07:16PM) ...

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