Search results
Results from the WOW.Com Content Network
New Report Shows Wells Fargo's Progress on Corporate Social Responsibility Goals Achievements include support for environment, communities, and homeowners SAN FRANCISCO--(BUSINESS WIRE)-- Wells ...
Wells Fargo In a package called My Money Map, these tools include a spending report, personalized budget creation, the ability to set spending goals and savings goal monitoring.
An investigation by the Wells Fargo board of directors, the report of which was released in April 2017, primarily blamed Stumpf, who it said had not responded to evidence of wrongdoing in the consumer services division, and Tolstedt, who was said to have knowingly set impossible sales goals and refused to respond when subordinates disagreed ...
The move comes days after the Consumer Financial Protection Bureau (CFPB) and two other regulators fined the bank $185 million over abusive sales practices.
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
Goldman Sachs, Wells Fargo, ... For example, Goldman stated: "Our priorities remain to help our clients achieve their sustainability goals and to measure and report on our progress.
In 2000, he led the integration of Wells Fargo's acquisition of the $23 billion First Security Corporation, based in Salt Lake City. In May 2002, he was named Group EVP of Community Banking. In December 2008, he led one of the largest mergers in history with the purchase of Wachovia. [7] Stumpf became CEO of Wells Fargo in June 2007 and ...
The U.S. economy is actually a ‘wolf in sheep’s clothing’ as the weak GDP report masks underlying strength, Wells Fargo says. Jason Ma. April 28, 2024 at 12:24 PM. Getty Images.