The Central Bank has slapped a fine of almost €5.9m on Wells Fargo, the US banking giant which has a major European office in Ireland servicing US multinationals, for five “serious” breaches, including failing to properly report the amount of capital it had in the Irish bank.

Wells Fargo is leaning towards a Brexit contingency plan that could see the US bank bulk up its Dublin office with hundreds of staff.

The chief executive of the United States' second largest bank Wells Fargo has resigned as the firm is rocked by a scandal over its sales practices.

Stocks ended Monday's session mostly unchanged as investors waited for first-quarter company earnings to start rolling in.

Rory McIlroy shot a stunning 11-under-par round of 61 to storm to the top of the leaderboard at the Wells Fargo Championship in North Carolina last night.