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Wells Fargo results hit by legal costs

The US banking giant is still dealing with fallout from the 2008 financial crisis.

The head of the American bank, Tim Sloan, was grilled in Washington after the fake accounts scandal.

Shell Canada has shut down operations of 24 natural gas wells and associated pipelines in south-western Alberta in the wake of increasing wildfires.

The underlying mortgages are all guaranteed by Fannie Mae or Freddie Mac, San Francisco-based Wells Fargo said Thursday in a statement.

The bank says about 3.5 million "potentially unauthorised" accounts were created over almost eight years.

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