Wells Fargo under pressure from CFPB to pay over $1 billion in fine- Bloomberg News By Reuters


© Reuters. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith

(Reuters) – Wells Fargo (NYSE:) is under pressure from the U.S. Consumer Financial Protection Bureau to pay more than $1 billion to settle a slew of investigations into ill-treatment of its customers, Bloomberg News reported on Friday, citing people familiar with the matter.

The bank declined to comment on the report.

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