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

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yahoo finance

#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 […]

Margin Trading | Trading Terms

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FxTrading

One trading jargon that you’ll hear very often is margin. It’s usually in terms like margin account, margin trading and even margin call. It seems a bit complex at first but after this video with trading expert David Jones it should be something quite easy to grasp. David breaks it down to the basics once again and explains the meaning of the word as well as the scenarios in which it’s used. He makes several trades on the Trading 212 platform – one in Forex and one for a stock CFD – and points to the exact value of the margin as it changes once the trade has been opened. […]