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Pressures mount on Wells Fargo following fake-accounts scandal

Pressures mount on Wells Fargo following fake-accounts scandal

Pressure mounted on Wells Fargo & Co. Friday following its fake-accounts scandal, as the bank faced new calls to allow affected customers to file lawsuits and for the board of directors to rescind the pay of a key senior executive.

The demands came just one day after Chief Executive John Stumpf resigned from a Federal Reserve advisory panel.

Senators had pushed for Stumpf not to be reappointed, saying it was inappropriate for someone who presided over improper sales tactics to be giving advice to an agency involved with bank regulation.

Stumpf has been under intense fire since the bank this month agreed to pay $185 million to settle...

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