U.S. Treasury's Lew faults 'bad behavior' at Wells Fargo

U.S. Treasury's Lew faults 'bad behavior' at Wells Fargo



NY (Reuters) – U.S. Treasury Secretary Jack Lew said on Tuesday national regulators had been correct to discipline Wells Fargo & Co for installing sham accounts without clients’ understanding, but stopped in short supply of calling for a clawback of pay from head of the unit where in fact the wrongdoing took place.





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