OCC Rates Wells Fargo, While the Bank Settles Suit

Wells Fargo announced an agreement in principal to settle a class action lawsuit, regarding claims that Wells Fargo opened accounts without the consent of its customers. This comes on the heels of the announcement of the bank’s Community Reinvestment Act Rating (CRA), in which it received high scores, despite an overall score of “needs improvement.”

The post OCC Rates Wells Fargo, While the Bank Settles Suit appeared first on DSNews.


Source: DS News

2017-03-28T15:17:06-06:00