Fed sanctions Wells Fargo over 'customer abuses'

Shares in Wells Fargo have fallen sharply after the Federal Reserve imposed unprecedented sanctions on the lender in response to “widespread customer abuses”. Patrick Jenkins discusses the unusual nature of the sanctions with the FT's Laura Noonan and Martin Arnold. Music by Kevin MacLeod Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon. Hosted on Acast. See acast.com/privacy for more information.