Wells Fargo to pay $3.7B in record CFPB settlement

–Wells Fargo reached a record $3.7 billion settlement with the Consumer Financial Protection Bureau over a slew of consumer abuses related to auto loans, mortgages and deposit accounts, the regulator announced Tuesday.– As part of the settlement, the bank agreed to pay more than $2 billion to redress consumers, in addition to a $1.7 billion civil penalty for…