Wells Fargo Just Got Fined $250 Million -- Here's Why It's Good News for the Stock - NewsBreak

The Office of the Comptroller of the Currency announced that it would be fining Wells Fargo. In tandem with the announcement, Wells Fargo disclosed that a separate 2016 consent order related to the bank's retail-sales practices had expired. Investors reacted positively to the news. The Office of the Comptroller of...