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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

Technology : New Republic Tech

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...

This Week In Credit Card News: Shameful Account Fraud at Wells Fargo; Consumers Dislike Chip Cards

Business & Finance : Forbes: Business

Wells Fargo Fined $185 Million For Fraudulently Opening Accounts For years, Wells Fargo employees secretly issued credit cards without a customer’s consent. They created fake email accounts to sign up customers for online banking se...

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

News : Huffington Post

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...

Wells Fargo Fires 5,300 Employees For Creating Millions Of Fake Accounts Using Customer’s Names Without Consent

News : The Inquisitr - News

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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