Wells Fargo labors under $100 billion sin discount

January 10, 2023

Reuters: Wells Fargo labors under $100 billion sin discount

Wells Fargo logo, gold text on a red background, in the middle of an area with skyscrapers.
Source: Getty Images Signature

At the end of 2022, Wells Fargo agreed to pay $3.7 billion for claims the company froze accounts, repossessed cars and illegal customer fees. Its actions are hurting the companies in numerous ways, a report in Reuters notes.

Using Good Jobs First’s Violation Tracker, the article notes how the bank has long track record of corporate misconduct. And it doesn’t seem to be slowing down.

Read the full story at Reuters