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U.S. Bancorp is fined $37.5 mln for opening sham accounts

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U.S. Bancorp is fined $37.5 mln for opening sham accounts

A U.S. regulator on Thursday fined U.S. Bancorp $37.5 million for mistreating customers by opening sham accounts without their permission, conduct that also occurred at larger rival Wells Fargo & Co .

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U.S. Bancorp is fined $37.5 mln for opening sham accounts

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U.S. Bancorp is fined $37.5 mln for opening sham accounts

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