Search results
Results from the WOW.Com Content Network
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]
Águila Blanca (named after José Maldonado Román and meaning "White Eagle" in English) was the name given by Los Macheteros (a guerrilla group seeking Puerto Rican independence from the United States) to its robbery of a Wells Fargo depot on September 12, 1983, a day coinciding with the birth date of Puerto Rican Nationalist Dr. Pedro Albizu Campos. [1]
Wells Fargo agreed to pay a total of $185 million in fines in 2016 after it was found to have opened more than 1.5 million checking and savings accounts, as well as 500,000 credit card accounts ...
Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering. Wells ...
San Francisco-based Wells Fargo, which has major operations in Des Moines, also has previously disclosed in public filings that government authorities have been probing the handling of customer ...
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 ...
Wells Fargo is continuing a federal court battle against a fired supervisor who won $22.1 million in a disability discrimination lawsuit in July.. The bank is now asking a judge to reconsider a ...
For premium support please call: 800-290-4726 more ways to reach us