Year in Review 2016: Wells Fargo scandal rocks the...

http://baltimorecheckbook.tumblr.com/post/155069382867/year-in-review-2016-wells-fargo-scandal-rocks-the#_=_

There was no shortage of headlines in the financial world in 2016. This year saw the return of the Alex. Brown name and continued merger and acquisition activity among banks in the Greater Baltimore. Interest rates rose for just the second time in the last 10 years, and Morgan Stanley committed to expanding its presence in Baltimore. But the year will without a doubt be most remembered for the scandal that rocked Wells Fargo in September. Baltimore’s fourth-largest bank was fined$185 million by…