Tag Archives: banking

Wells Fargo To Pay $185 million Settlement For ‘Outrageous’ Sales Culture

by James Rufus Koren, Los Angeles Times

Calling it “outrageous” and “a major breach of trust,” local and federal regulators hammered Wells Fargo & Co. for a pervasive culture of aggressive sales goals that pushed thousands of workers to open as many as 2 million accounts that bank customers never wanted. Read More ›