Listening to a podcast today they mentioned banks, and in particular Wells Fargo.
Traditional banking has so many headwinds and with the massive shift of valuation, scandals, management mistakes and ever declining asset values the conversation shifted to "does scandal belong as part of an american index?"
Even with wells trying to fix the probelms of the past, thr rot runs deep. Threats of selling major parts of thr company off, has brought forward the question does Wells belong on this index at all?