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Monday, August 21, 2017

WASHINGTON — Federal regulators were aware of wrongdoing at banking giant Wells Fargo & Co. as early as March 2012 and issued a string of supervisory letters ordering changes over the next three years, holding off on penalties while the creation of phony bank accounts and falsely issued credit cards to pad employee bonuses continued. That…

Photo: The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016.  REUTERS/Rick Wilking