The Justice Department is investigating Wells Fargo & Co.’s improper sales tactics, according to a person familiar with the probe.
Federal prosecutors in San Francisco and New York are in the early stages of an investigation that could lead to criminal or civil charges, the person said Wednesday.
Last week, the San Francisco bank agreed to pay $185 million to settle investigations by Los Angeles City Atty. Mike Feuer and federal regulators.
The bank declined to comment on the Justice Department investigation.
The sales tactics,...