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California Suspends Ties With Wells Fargo

September 29, 2016/

Citing Wells Fargo’s "venal abuse of its customers," the California treasurer took the unusual step on Wednesday of suspending many of its ties with the San Francisco bank as it continues to reel from the scandal over the creation of as many as two million unauthorized bank and credit card accounts.

By MICHAEL CORKERY and STACY COWLEY

Full Story: http://www.nytimes.com/2016/09/29/business/dealbook/california-wells-fargo-john-stumpf.html?hpw&rref=business&action=click&pgtype=Homepage&module=well-region&region=bottom-well&WT.nav=bottom-well

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