Following oral arguments, the appeals court isn't expected to rule for six months to a year; ultimately, legal experts expect the case to end up before the U.S. Supreme Court in 2024 or 2025. Read More...
TheStreet.com
Wells Fargo Faces Huge Fine After Latest Scandal
Most recently, the bank came under fire from Sen. Elizabeth Warren (D-Mass.) for its use of the fast-cash bank-to-bank transfer service known as Zelle. The service was created in a partnership between several major banks, including Wells Fargo, Bank of America , JP Morgan Chase , and more to offer a transfer option similar to that of PayPal . Not long before that, Wells Fargo was called out for discriminatory practices after closing long-time accounts without warning.
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