Federal prosecutors are investigating foreign-exchange trading at Wells Fargo & Co. and have subpoenaed information from the firm, which recently fired bankers in that business, according to people familiar with the matter. The investigation, which is in the early stages, is being conducted by the U.S. Attorney’s Office for the Northern District of California, some of the people said. The office subpoenaed information in recent days, according to some of the people. Last week, The Wall Street Journal reported that Wells...

Source: Wall Street Journal October 27, 2017 15:37 UTC