Banking Roundup: Wells Fargo’s $575M payout… Injunction denied on BofA’s Erica


The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations around the country. Here are recent stories reported by The Business Journals and other media outlets.

Wells Fargo & Co. agreed today to pay out $575 million to customers affected by its improper sales practices. Those improper practices affected…

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