NYC becomes latest city to cut back on ties with Wells Fargo

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website laten makenThe scandal emerged last summer when a federal judge overseeing the troubled Oakland Police Department said he was dissatisfied with the internal affairs investigation of an officer who committed suicide in 2015.

” Wells Fargo got the “needs improvement” label earlier this year when federal regulators cited the sales practices scandal as part of the reason to downgrade the bank. De Blasio said the city will revisit whether to allow Wells to hold government contracts for city deposits once the bank lifts its so-called Community Reinvestment Act rating from its current “needs improvement.

The Liberal Party withdrew its three ministers, a deputy premier and politically-appointed managers of government agencies from the three-party coalition that was formed after the November 2014 parliamentary election.

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Mayor Bill de Blasio and Comptroller Scott Stringer said Wednesday they will vote as members of the city’s Banking Commission to bar city agencies from renewing or expanding existing contracts with the bank. Wells currently holds $227 million in city deposits.

Chirtoaca suspended the contract with the company this month and the company has not commented. The anti-corruption center said the company won contracts because of “concerted actions” from city hall officials.

Earlier this month, the teen threw up into a waste paper basket while testifying during a preliminary hearing for former Oakland police Officer Dan Bunton, who was ordered to stand trial on charges of solicitation and obstruction of justice.

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NEW YORK (AP) – New York City is cutting back its ties with Wells Fargo, making it the latest major city or state government to suspend its business relationship with the bank following its sales practices scandal.

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(AP) – The city of Oakland, California, will pay a teenager nearly $1 million to settle claims that city police officers sexually abused her while she worked as an underage prostitute – a settlement that comes as she pursues similar cases against five other San Francisco Bay Area law enforcement agencies.

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