Wells Fargo’s suffers slump in muni bond underwriting

May 19, 2017 By Karen Pierog and Robin Respaut CHICAGO/SAN FRANCISCO (Reuters) – Wells Fargo & Co is paying a price in the U.S. municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows. So far in 2017, Wells Fargo is in sixth place among senior underwriters of municipal bonds with 85 deals totaling nearly $8.13 billion, according to the data. During the same period in 2016, the bank…

Read More