Wells Fargo Is Fined $185 Million Over Unapproved AccountsBy
Regulators say bank employees broke the law to hit sales goals
CFPB and OCC say more than 2 million accounts were opened
Wells Fargo & Co. will pay $185 million to resolve claims that bank employees opened deposit and credit-card accounts without customers’ approval to satisfy sales goals and earn financial rewards, U.S. regulators said.
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