Wells Fargo Hits More Bumps as It Tries to Move Past Scandals

Powell Says Wells Fargo Cap Won't Be Lifted Until Problems Addressed

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March 20, 2019 at 5:56 PM EDT

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A federal judge said he’s not ready to sign off on Wells Fargo & Co. collecting $240 million in insurance payments from 20 bank officials in connection with the lender’s unauthorized-accounts scandal -- even though the settlement was touted as the largest-ever of its kind.

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