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Wells Fargo Said to Face DOJ Probe of Wholesale-Banking Business


The Department of Justice investigation is focusing on concerns that bank employees improperly altered customer data.


Some workers added information to internal customer records without the clients’ knowledge, a person briefed on the situation said in May.


Wells Fargo has struggled to move past a wave of scandals, which led to a Federal Reserve ban on increasing assets until the lender fixes its missteps.

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