Wells Fargo can't seem to escape its troubled past. Pedestrians wearing protective masks walk past automated teller machines at a Wells Fargo bank branch at night in Washington, DC, on January 7.
Credit: Ting Shen/Bloomberg/Getty Images
Dateline: Washington, DC, United States
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Wells Fargo can't seem to escape its troubled past
Wells Fargo is still being haunted by its history of ripping off customers. More than four years after the Wells Fargo fake-accounts scandal erupted, the bank reported Friday another $321 million of quarterly losses tied to customer refunds. That brings Wells Fargo's 2020 total for what it calls customer "remediation" to a staggering $2.2 billion.
