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One of the largest US banks to pay a $ 3 billion fine


One of the largest American banks, Wells Fargo, will pay a fine of $ 3 billion for the settlement of claims by the authorities.

It is reported by RIA Novosti.

It is noted that the agreement was concluded with the Ministry of Justice and the Commission on Securities and Markets.

Bank CEO Charlie Sharf admitted that the financial institution did not meet its values ​​when issuing loans.

On November 20, 2018, French bank Societe Generale SA agreed to pay a fine of $ 1.34 billion to resolve the situation with the US and New York authorities.

Source: russiart

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