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New Class Action Lawsuit For Wells Fargo

A new lawsuit accuses Wells Fargo & Co. of racketeering violations and fraud after the bank admitted to charging several hundred thousand borrowers for auto insurance they did not ask for or need, causing many delinquencies.

Fraud Charges Haunt Barclays As Rivals Move On

Barclays is facing 21 regulatory investigations and civil actions mainly in the United States and Britain, its 2016 annual report showed. These include major probes by the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC).