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U.S. regulators are expected to fine Wells Fargo $1 billion for a range of alleged misdeeds

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U.S. regulators are expected to fine Wells Fargo $1 billion for a range of alleged misdeeds, in the biggest bank penalty of the Trump era
Thursday, April 19, 2018 4:42 PM EST

Federal regulators are poised to impose a $1 billion penalty on Wells Fargo for a variety of alleged misdeeds, including forcing customers to buy auto insurance policies that they didn’t need, according to people briefed on the regulatory action.

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