Wells Fargo drumbeat grows louder. House launches investigation

September 16, 2016 4:49 PM

1 0

The chairman of the committee, Rep. Jeb Hensarling, revealed it is launching an investigation and said Wells Fargo (WFC) CEO John Stumpf will be called on to testify at a hearing later this month.

Additionally, the House Financial Services Committee sent a letter to Wells Fargo requesting documents related to the bank's controversial sales tactics and that corporate officers be made available for transcribed interviews.

Also read: Swiss see opening for finance sector in British exit from EU

Read more

To category page