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Wells Fargo CFO says five consent orders are remaining

Reuters
Summary
Nutrition label

79% Informative

Wells Fargo has five consent orders remaining to resolve issues related to its lending and sales practices.

Chief Financial Officer Mike Santomassimo said the bank has been making progress.

He added the recent termination of three regulatory punishments shows progress.

The bank expects the U.S. Federal Reserve's stress testing to also change in the coming months .

VR Score

89

Informative language

96

Neutral language

57

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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