Wells Fargo, the nation's third-largest bank, has for years been embroiled in investigations and ethical breaches.

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Wells Fargo appears to be back in the crosshairs of federal regulators, with Bloomberg reporting this month that the bank is expected to be fined more than $1 billion by the Consumer Financial Protection Bureau to settle investigations into its business practices.

Details on these inquiries were not made available, and the CFPB and Wells Fargo declined to comment to NerdWallet. However, in a filing with the Securities and Exchange Commission made in late October, Wells Fargo said it’s in “resolution discussions” with the CFPB on investigations regarding automobile lending, consumer deposits and mortgage lending.

Originally published on nerdwallet.com, part of the TownNews Content Exchange.

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