HOUSE COMMITTEE TO HOLD HEARING ON WELLS FARGO SALES PRACTICES
The U.S. House Financial Services Committee has opened a probe into Wells Fargo's sales practices and plans to call the company's chief executive before lawmakers at a hearing later in September, the committee chairman said on Friday.Wells Fargo has settled with regulators over allegations that its staff opened more than two million bank accounts and credit cards for customers without their consent to meet internal sales goals.