Chicago Sanctions WF for a Year
Chicago has banned WF from city business for a year. Important to note that WF will still serve people in the Chicagoland area, they're just banned from city business.
The Chicago City Council on Wednesday approved a one-year suspension for Wells Fargo & Co from city business because of its scandal over phony accounts, joining the states of Illinois and California in punishing the bank.
That moment when the city of Chicago punishes you for corruption...
How badly does this hurt WF in reality? I feel like the effects will be pretty negligible.
