Another Wells Fargo investigation: Feds probe 401(k) practices


Wells Fargo & Co. is reportedly facing another investigation, adding to the list of activities to fall under the scrutiny of federal authorities in the past few years. This time, the Department of Labor is examining the San Francisco-based bank over its handling of individual retirement accounts, according to a Thursday report from The Wall Street Journal.

Regulators recently slapped Wells Fargo with a massive fine of $1 billion over what authorities said was its mistreatment of consumers in its…

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