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Portfolio Update: Wells Fargo

September 29, 2016

Wells Fargo (WFC) has been in the news recently on the issue of retail sales practices in which 2 million unauthorized accounts were opened between 2011 and 2015. This was done in an effort to inflate the number of account openings to make sales quotas. It is now under scrutiny by the Regulators and Congress. What is being done now?

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