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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Wells Fargo and Company | NYSE:WFC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.15 | 0.25% | 59.98 | 60.258 | 59.12 | 60.09 | 17,293,091 | 22:59:53 |
From May 2019 to May 2024
By Rachel Louise Ensign
California Treasurer John Chiang said his office would stop doing some business with Wells Fargo & Co. over its burgeoning sales scandal.
Mr. Chiang said in a letter to the bank viewed by The Wall Street Journal that his office would suspend "its most highly profitable business relationships" with the San Francisco-based bank over allegations of widespread illegal sales tactics.
Under the suspension, the state would temporarily stop making investments in the bank's securities, using Wells Fargo as a broker for buying investments and hiring the bank as an underwriter on certain bond deals.
A Wells Fargo spokesperson couldn't be reached for immediate comment.
Write to Rachel Louise Ensign at rachel.ensign@wsj.com
(END) Dow Jones Newswires
September 28, 2016 15:21 ET (19:21 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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