By Josh Beckerman 
 

--The Central Bank of Ireland fined a Wells Fargo & Co. (WFC) unit 5.9 million euros ($6.6 million), citing problems with its regulatory reporting, Reuters reported Friday.

--The central bank said Wells Fargo had "failings in relation to both capital reporting and liquidity testing," Reuters reported.

--A spokesperson for Wells Fargo told Reuters that the bank has improved its systems and processes.

https://www.reuters.com/article/us-wells-fargo-ireland-fine/wells-fargo-fined-in-ireland-over-reporting-breaches-idUSKCN1U00Y8

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

July 05, 2019 16:53 ET (20:53 GMT)

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