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Wells Fargo Sees ‘Possible’ Legal Losses Rising by $500 Million

Wells Fargo Sees ‘Possible’ Legal Losses Rising by $500 MillionThe higher estimate for “reasonably possible” legal losses -- essentially a worst-case scenario -- shows risks grew as the bank and authorities examined abuses in recent months and discussed potential penalties. The change stems from “a variety of matters,” including probes of its sales to retail customers, Wells Fargo wrote Wednesday in an annual regulatory report.




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very funny

'Anxious moment for England' - should this have been Ghana penalty?

England's Ezri Konsa makes a last-ditch attempt to stop Ghana's Prince Adu during their World Cup Group L match in Boston. from BB...