U.S. Bank on Thursday agreed to pay a $37.5 million fine and to return fees charged to customers related to the bankโ€™s alleged opening of accounts and access of credit reports without their permission.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...