Wells Fargo Says SEC Has Closed Hiring Practices Probe

By Sarah Jarvis (February 20, 2024, 10:45 PM EST) -- Wells Fargo said Tuesday that the U.S. Securities and Exchange Commission has closed an investigation into the bank's hiring practices, following allegations that some bank managers conducted sham interviews to meet a diversity quota, while Barclays PLC has said it no longer faces an investigation into its anti-money laundering compliance....

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