Wells Fargo & Co. (NYSE: WFC) agreed on Friday to pay out $575 million to customers affected by its improper sales practices.
Those improper practices affected retail sales, auto collateral protection insurance, Guaranteed Asset/Auto Protection and mortgage interest-rate lock matters, Wells Fargo said. The San Francisco-based bank reached the agreement with all 50 state attorneys general and the District of Columbia.
“This agreement underscores our serious commitment to making things right in…
