Wells Fargo to pay $110 million to settle fake account suit.

Wells Fargo will pay $110M to settle a class action lawsuit concerning the illegitimate opening of accounts for customers without their permission. This follows the initial settlement of $185M the bank paid in 2016…

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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