Verkkoin september 2016, wells fargo was fined usd 185 million by three government authorities for unauthorized creation of 2 million bank accounts and credit cards.
Verkkowells fargo said that the number of fake bank accounts set up by its staff could be significantly higher than previously thought and warned investors that.
Verkkowells fargo's scandal could not have come at a worse time.
Already, millennials are suspicious of traditional banking institutions and unsure of.
Verkkoin 2016, wells fargo was embroiled in a scandal when it was revealed that employees had created millions of unauthorized accounts without.