Entering text into the input field will update the search result below

California suspends business with Wells Fargo

Sep. 28, 2016 2:53 PM ETWells Fargo & Company (WFC) StockWFCBy: Stephen Alpher, SA News Editor109 Comments
  • Sanctions announced by State Treasurer John Chiang include: Suspension of investments by the Treasurer's office in all Wells Fargo (WFC +0.1%) securities, suspension of the use of Wells Fargo as a broker-dealer for purchasing investments by his office, suspension of Wells Fargo as an underwriter on CA state bonds.
  • The sanctions take effect immediately and will remain in place for one year.
  • Chiang also plans to work with Calpers and Calsters - which combined have more than $2.3B invested in Wells Fargo - to pursue governance reforms, including the separation of the chairman and CEO roles.

Recommended For You

About WFC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
WFC--
Wells Fargo & Company