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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]
Too Big to Fail is a 2011 American biographical drama television film directed by Curtis Hanson and written by Peter Gould, based on Andrew Ross Sorkin's 2009 non-fiction book Too Big to Fail. The cast includes William Hurt , Edward Asner , Billy Crudup , Paul Giamatti , Topher Grace , Cynthia Nixon , Bill Pullman , Tony Shalhoub , and James ...
Here's an overview of Wells Fargo's most notable scandals and missteps as CEO Tim Sloan testifies before the House Financial Services Committee.
And it was nearly three years after Wells Fargo began cleaning house in its retail operations, firing 1,000 employees a year who, if the bank is to be believed (ha ha), were furthering the fraud ...
Wells Fargo's compliance issues came under the spotlight after a scandal over its sales practices erupted in 2016. Regulators mandated additional oversight of the lender in the wake of the turmoil.
Wells Fargo's board of directors will release its investigation into the bank's fraudulent accounts scandal, pinning blame on two former executives.
September 27, 2016 at 1:56 PM. ... And for the more than 2 million victims of the Wells Fargo scandal, this is a dilemma they're currently facing. Here's the quick rundown: When Wells Fargo opened ...
Wells & Fargo is assigned the task of transporting $2,000,000 in gold. MacKay, chosen to lead the wagon train, meets with President Lincoln, who emphasizes to him how crucial this shipment is. However, Justine and Mrs. Pryor are fervent Southern supporters, and Justine's brother has been killed fighting for the Confederacy.