Wells Fargo says its software was used for transactions with sanctioned entities
May 3 (Reuters) - Wells Fargo & Co (WFC.N) has disclosed to the Office of Foreign Assets Control that certain foreign banks used its software to conduct transactions with sanctioned entities, the bank said in a regulatory filing on Tuesday.
The bank has been cooperating with investigations or inquiries by federal government agencies, it added.
Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli
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