SFGATE: Wells Fargo takes biggest loss in 2 years after new punishment

SFGATE: Wells Fargo takes biggest loss in 2 years after new punishment

Wells Fargo takes biggest loss in 2 years after new punishment Published on February 05, 2018 at 03:43PM by Laura J. Keller and Shahien Nasiripour, Bloomberg (Bloomberg) — The Federal Reserve just devised a harsh new punishment after Wells Fargo & Co. landed in scandal after scandal — one that may haunt every big bank. …