Nov 29, 2025
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Wells Fargo to Pay $575 Million to Resolve Civil Claims
Wells Fargo to Pay $575 Million to Resolve Civil Claims
Wells Fargo & Co. (NYSE: WFC) shares were up slightly on Friday despite the megabank announcing that it would make a massive payment to resolve civil claims that it had created phony accounts and other customer abuses.
Specifically, Wells Fargo reached an agreement with attorneys general in all 50 states and the District of Columbia regarding previously disclosed retail sales practices, auto…
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Panama airport places $575 million bond after probe hits issue
Panama airport places $575 million bond after probe hits issue
Panama airport places 5 million bond after probe hits issue
PANAMA CITY (Reuters) – Panama City’s main airport said on Friday it had successfully placed a $ 575 million bond after a company forming a major source of income for the hub became embroiled in a money-laundering probe, prompting the issue to be restructured.
Reuters: Business News
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