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Wells Fargo CEO: We should have done more sooner

Politics / US Politics : Washington Watch

Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail ban...

Wells Fargo CEO accepts responsibility for 'unethical' practices

Lifestyle / Fashion : AOL: Style

WASHINGTON Sept 20 (Reuters) - The chief executive officer of Wells Fargo & Co on Tuesday apologized for the bank's opening as many as 2 million bogus customer accounts that could generate fees for the lender. "I accept full respons...

At Wells Fargo, why is it so difficult to change a toxic sales culture?

Business & Finance / Entrepreneurship : Upstart Business Jounal

Every day we learn more about how Wells Fargo & Co. violated the trust of its customers through unethical sales practices. If you can’t trust your bank, who can you trust? In a Sept. 8 press release about the Wells Fargo scandal, th...

Deutsche Bank Spikes 4% On Report Of Possible New Investment By Qatar, Abu Dhabi And China

Business & Finance : Zero Hedge

Moments ago Deutsche Bank stock, which has been well away from the headlines in the past two weeks, spiked following a Manager Magazin report according to which the Qatar and Abu Dhabi Sovereign Wealth Fund together with Chinese inv...

Wells Fargo Banker Says She Drank 'Bottles' of Hand Sanitizer to Cope With Sales Tactics

Technology / Gadgets : Gizmodo

Since Wells Fargo’s practice of opening bogus accounts in customers’ names was first exposed, reports of the boiler room-like sales culture that led to the scheme have leaked out of the bank. In recent weeks, that trickle has turned...

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