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Friday, May 30, 2014

Wells Fargo will pay $62.5 million to settle suit over securities lending

The settlement announced Friday is the latest finale in a series of high-stakes cases against the bank over a largely defunct program that was managed out of was accused of playing fast and loose with the multibillion-dollar securities lending program, which the plaintiffs said was sold to them as a very conservative vehicle for making a little ... (more)



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