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Wells Fargo fined $1B for mortgage, auto lending abuses

Updated : April 24, 2018 06:15 AM IST

Wells will pay $500 million to the OCC, its main national bank regulator, as well as a net $500 million to the CFPB.
The $500 million fine matches the largest fine ever handed out by the Comptroller of the Currency against HSBC in 2012.
Wells Fargo fined $1B for mortgage, auto lending abuses

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