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Added on the 21/09/2018 07:08:26 - Copyright : Wochit
Democratic U.S. presidential candidate Clinton vowed to hold Wells Fargo accountable for "egregious corporate behavior." Rough Cut (no reporter narration).
Wells Fargo CEO John Stumpf apologizes for the bank's opening as many as 2 million bogus customer accounts that could generate fees for the lender. Rough Cut (no reporter narration).
Washington, May 7 (EFE/EPA).- (Camera: Jim Lo Scalzo) A group of environmentalists in Washington protested on Friday in front of a Wells Fargo Bank branch over their "financing" of the Line 3 oil pipeline.The Keystone XL pipeline - banned by former President Barack Obama in 2015 after a lengthy review of its environmental impact, finally followed by a presidential veto after approval by Congress - aims to transport some 830,000 barrels a day of oil from Canada's Alberta to different locations in the US, including Texas refineries.FOOTAGE OF THE PROTEST IN WASHINGTON
On Monday, US stocks soared to record highs. This came after Pfizer said its COVID-19 vaccine showed more than 90% efficacy in its phase 3 trial that enrolled 44,000 patients. Business Insider reports that both the S&P 500 and Dow Jones industrial average opened at intraday all-time highs. The development could remove pandemic significant uncertainty from the market. Airlines, restaurants, and financial sectors soared. Work-from-home stocks like Zoom, Peloton, and Netflix plummeted.
The California Attorney General has launched a criminal investigation into Wells Fargo over allegations it opened millions of unauthorized customer accounts and credit cards. Linda So reports.