Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

A Timeline of Wells Fargo's Sales Scandal


A Timeline of Wells Fargo's Sales Scandal

It has now been a year since industry regulators revealed the sales scandal at Wells Fargo (NYSE: WFC). As the following timeline shows, a lot has happened since then at the 165-year-old bank.

Dec. 21, 2013 -- The Los Angeles Times reports that "relentless pressure to sell has battered employee morale and led to ethical breaches" at Wells Fargo. "To meet quotas, employees have opened unneeded accounts for customers, ordered credit cards without customers' permission, and forged client signatures on paperwork."

Image source: Getty Images.

Continue reading


Source: Fool.com

Wells Fargo & Co. Stock

€55.35
0.580%
Wells Fargo & Co. gained 0.580% compared to yesterday.
We see a rather positive sentiment for Wells Fargo & Co. with 18 Buy predictions and 2 Sell predictions.
As a result the target price of 60 € shows a slightly positive potential of 8.4% compared to the current price of 55.35 € for Wells Fargo & Co..
Like: 0
WFC
Share

Comments