State of Illinois ending investment with Wells Fargo for one yea - KWWL - Eastern Iowa Breaking News, Weather, Closings

State of Illinois ending investment with Wells Fargo for one year

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After coming under fire in recent weeks, Wells Fargo is taking a hit in the state of Illinois.

Illinois is ending all investment activity with Wells Fargo for one year.

The move comes after the bank admitted its employees opened fake accounts to meet aggressive sales goals.

United States and California regulators have fined the San Francisco-based bank $185 million.

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