Another day, another major banking scandal. It’s getting to the point where you can practically set your watch to these things.
The latest involves our old friend Wells Fargo. The Wall Street Journalreported last night that Wells has been screwing its customers on foreign currency exchange rates.
According to the Journal, Wells Fargo conducted an internal review of its fee arrangements and found that they had massively overcharged 88% of the sampled customers.
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