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New York City to Cut Ties to Wells Fargo

HeadlineJun 01, 2017

The city of New York said Wednesday it will begin cutting its ties to Wells Fargo, following a scandal that saw thousands of employees set up more than 2 million phony bank and credit card accounts. New York came under intense pressure to divest from Wells Fargo by Native American activists opposed to the bank’s support for the $3.8 billion Dakota Access pipeline.

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