Justice Department presses Wells Fargo on loans: source

NEW YORK (Reuters) - Wells Fargo & Co and the Department of Justice are negotiating to settle allegations that the bank illegally targeted African-Americans for expensive subprime loans, according to a source familiar with the matter.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/DkLRi5QtWxM/us-wellsfargo-idUSTRE76Q5Y120110727

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