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Wells Fargo ordered to pay customers $3.7B in consumer loan violations

#shorts The Consumer Financial Protection Bureau has ordered Wells Fargo to repay $2 billion to consumers and enacted a $1.7 billion penalty against the bank. Yahoo Finance senior producer Kelsey Barberio reports on the bank’s $3.7 billion payout to customers on December 20, 2022. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest […]