Wednesday, 2 August 2017

Wells Fargo hit with subpoenas over auto insurance scandal

A New York regulator slapped two Wells Fargo divisions with subpoenas on Tuesday, demanding the big bank turn over loan agreements and other documents related to the auto insurance scandal, a person familiar with the matter told CNNMoney.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+52.32   -0.29   +1.22
22,016.24   6,362.65   2,477.57
+0.24%   0.00%   +0.05%
YTD +11.40%   YTD +18.20%   YTD +10.66%
 
Biggest Winners
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Range Resources Corp -11.82%
 
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Hottest ETF
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NYSE Market Volume
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Oil $49.51 -0.08 / -0.16%
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10-yr 2.26% +0.01 / +0.49%
Euro $1.19 +0.00 / +0.38%
News: What you need to know about the markets
 
 
Wells Fargo hit with subpoenas over auto insurance scandal
A New York regulator slapped two Wells Fargo divisions with subpoenas on Tuesday, demanding the big bank turn over loan agreements and other documents related to the auto insurance scandal, a person familiar with the matter told CNNMoney. Read more »
 
What big fat bubble? Trump cheers as Dow hits 22,000
The Dow cruises above 22,000 for the first time. President Trump celebrated the milestone before it even happened. Read more »
 
Box office slump is hurting AMC theaters
It's been a weak summer for Hollywood. And that's bad news for AMC. Other chains are hurting, too. Read more »
 
Dow hits 22,000 milestone
A surge in Apple stock carried the Dow past the milestone right after the opening bell. CNNMoney's Alison Kosik reports. Read more »
 
Trump getting ready to go after China on trade
The White House is moving closer to launching an investigation into Chinese trade practices, a move that could ratchet up tensions between the world's two largest economies. Read more »
 
Trump cheerleading stock market as Dow nears 22,000
President Donald Trump tweets about the stock market sitting at or near record highs as the Dow Jones Industrial Average approaches 22,000 for the first time. Read more »
 
 
 
 
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