1423 ET -- Well Fargo & Co. is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The Wall Street Journal reported that the company agreed to pay $35 million to settle charges some of its financial advisers charged excessive fees. In a statement, the bank said the process which caused the issue was corrected almost a decade ago, the report said. Dow Jones & Co. owns Factiva. (stephen.nakrosis@wsj.com)

(END) Dow Jones Newswires

August 25, 2023 14:38 ET (18:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Wells Fargo Charts.
Wells Fargo (NYSE:WFC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Wells Fargo Charts.