California freezes business with Wells Fargo over massive client fraud

Business Sep 29, 2016

California freezes business with Wells Fargo over massive client fraud

California State Treasurer John Chiang on Wednesday announced a sweeping suspension of business relationships with Wells Fargo & Co. as punishment for the company's defrauding of customers. In addition, Chiang vowed to work with the state's two giant public pension funds to change the management ...