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Wells Fargo needs to change more than just its CEO

Wells Fargo has long been known within the banking industry for its high-pressure sales culture. Over the course of four years, that pressure led Wells workers to create 2 million credit-card and bank accounts for customers without their knowledge or consent in order to meet bruising sales quotas....
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Wells Fargo fires thousands of workers for opening 2 million bogus bank accounts

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WASHINGTON — A federal banking industry regulator has fined Wells Fargo after its employees were found to have secretly opened deposit and credit card accounts in order to meet sales quotas. The Consumer Financial Protection Bureau ...

This Is How Wells Fargo Encouraged Employees to Commit Fraud

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Over the course of four years, at least 5,000 Wells Fargo employees opened more than a million fake bank and credit card accounts on behalf of unwitting customers. Although many bank accounts were deemed “empty” and closed automatic...

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Wells Fargo customers across America have a reason to be concerned today. It was announced on Thursday that, over the course of at least the last few years, Well Fargo employees had been creating fake bank accounts and credit card a...


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