Ohio became the fifth state, and the first under a Republican administration, to suspend business dealings with Wells Fargo.
Gov. John Kasich said the bank’s culture “was compromised by greed” in announcing a one-year ban on debt offerings and financial services contracts with the bank.
Sacramento became the fourth city government to do likewise, joining Chicago, Philadelphia and Seattle. Read on for all the details, including reaction from California and Connecticut on whether the recent CEO resignation changes their business suspensions with Wells Fargo.