Federal regulator plans to vet Wells Fargo choice for next chief executive – Winston-Salem Journal – Rumor.cc

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2017 City Pages (Minnesota), October 18, 2017 The plot to kill consumer protection Yet Wells Fargo protected itself with what experts describe as the most restrictive arbitration clause in the banking industry. Such clauses are a staple of consumer contracts for everything from phone service to financial advice.

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The federal regulator of Wells Fargo & Co. told a U.S. Senate Banking committee that it will vet the bank’s next chief executive nominee. However, Joseph Otting, head of the U.S. Comptroller of.