Wells Fargo is facing a huge fine after the latest scandal

If you bank with San Francisco-based megabank Wells Fargo (WFC) – Get a free report, you’ve probably noticed that the company just can’t stay out of hot water. Over the last few months we have seen the bank’s name in the headlines for many very unwarranted reasons.

Most recently, the bank came under fire from Sen. Elizabeth Warren (D-Mass.) for its use of a bank-to-bank fast money service known as Zelle. The service was created in partnership between several major banks, including Wells Fargo, Bank of America (BAC) – Get a free report JP Morgan Chase (JPM) – Get a free reportand more to offer a PayPal-like transfer option (PYPL) – Get a free report.

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