Wells Fargo’s $62.5M settlement with big investors wins approval

August 19, 2014 04:56 PM

UPDATED August 20, 2014 06:37 AM

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    Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail banking business," Stumpf said.