Post Profile

Wells Fargo whistleblower describes bank's culture of blackballing threats and coerced corruption

On the latest Planet Money podcast (MP3), a former San Francisco Wells Fargo banker describes the bullying and coercion she faced from senior management while working at the bank's head office, and how the bank forced her out when she blew the whistle on fraud and then blacklisted her with other banks, forcing her out of the sector altogether. (more…)
read more


Related Posts

Wells Fargo Is Hiring Ken Griffin's Former Employees And Taking Over Citadel's Investment Banking Business

Business & Finance : Business Insider: Clusterstock

Citadel's former investment banking co-head Brian Maier and about 2 dozen others went to Wells Fargo after Ken Griffin's shutdown forced them out. And the fixed income guys might be going to SocGen. Wells Fargo CEO John Stumpf is sa...

Merrill Hires Life Sciences Investment Banker

Business & Finance : DealBook

Bank of America Merrill Lynch said Friday that it has hired Benjamin Perkins, the head of Pacific Growth Equities' life sciences investment banking team, as a managing director in its San Francisco office.

Suit seeks damages for all victims of alleged Wells Fargo customer abuses

Business & Finance : Money & Co

A former Wells Fargo & Co. customer accused the San Francisco banking firm in a lawsuit of fostering a high-pressure sales culture that ended up deceiving and defrauding him and customers nationwide.

Whistleblowing Wells Fargo loan officer describes years of fraudulent, criminal culture in the bank

Humor / odd : Boing Boing

Beth Jacobson was a Wells Fargo loan officer who blew the whistle on the bank's predatory, racist loan-fraud in the runup to the 2008 financial crisis, which tanked the world's economy and nearly wiped out Wells Fargo (they were res...

How Wells Fargo's rivals make it harder for employees to create fake accounts

Business & Finance : LA Times: Business

For Estela Slikker, life as a personal banker at a Chase branch in the East San Francisco Bay city of Martinez wasn’t easy. She worked long hours trying to open enough accounts to meet her monthly sales goals and earn bonuses that c...


Copyright © 2016 Regator, LLC