Wells Fargo Eclipsed by JPMorgan as World’s Most Valuable Bank

  • CFPB fined Wells Fargo last week for opening bogus accounts
  • Bank stocks pressured as traders bet against Fed rate hike

Wells Fargo Loses 'Most Valuable' Rank

Wells Fargo & Co. lost its title as the world’s most valuable bank to JPMorgan Chase & Co.

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