Wells Fargo, the largest U.S. mortgage lender, was accused of targeting lower-income borrowers with a “bait-and-switch” scheme, in which it misled borrowers on loan terms.

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Wachovia Corp. announced Friday it was jilting Citigroup in favor of a -per-share offer from Wells Fargo & Co.

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Greater Sacramento's largest insurance brokerage changed its name this week. Acordia Inc. disappeared and was replaced by Wells Fargo Insurance Services.

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