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Wells Fargo to boost minimum wage to $20 per hour


(CNN) – Wells Fargo is raising the minimum wage for 20,000 of its employees.

The new wage for bank locations will go up to $15 to $20 per hour by the end of 2020.

The bank also announced two new bank accounts. A check-less account with no overdraft fees, as well as one that includes checks and limits overdraft fees to one a month.

Those will be available by early 2021.


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