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Big Banks Won’t Say If They Use The Same Scheme That Led To Wells Fargo’s Fraud

The four biggest banks in the U.S. won’t say whether they offer workers the same kind of sales incentives that drove Wells Fargo employees to open millions of accounts for customers without their knowledge. That scam led to a record-setting fine, congressional hearings and a rare case in which a bank CEO was forced to give up a few million dollars in compensation, with legislators calling for his ouster.
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