Iowa state treasurer won’t suspend activity with Wells Fargo
BPC Staff Oct 4, 2016 | 3:51 pm
<1 min read time
67 wordsAll Latest News, Banking and Finance, Statewide NewsCedar Rapids Gazette: State Treasurer Michael Fitzgerald thinks the president of Wells Fargo Co. should be fired but doesn’t plan to close the state’s account with the bank that “keeps the state’s checking account, if you will.” Wells Fargo is under fire from federal regulators and Congress after it was learned its employees opened more than 2 million accounts that may not have been authorized by customers.
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