We've been hearing about a new Wells Fargo-related scandal each week for a while now. Last week, the scandal du jour was the fake job interviews for minority candidates. What will it be this week? I'm genuinely curious what's the next immoral or ethically questionable thing we'll find out this leadership has been indulging in.
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I'm going to go out a limb and guess that Wells Fargo will be ordered to pay nearly $1,000,000 for its role in Credit Suisse deferred-comp spat.
RTO being torpedoed due to a Toilet paper supply chain issue.
The issue is that at this point everything is undefendable because we hide everything worthwhile so any random person can go to they NYT and we have nothing definitive to back it up AND at this point no one believes Charlie.
As mentioned above how many Chucklettes got hired and there was NO following the book - who is going to defend this when we have the CSBB CFO who has been on the earth lest time than the other CFOs have been doing the job.
We cannot defend it because it happens - the ethics are worse than ever but never fear those of us at the bottom will pay the price as usual
Well, considering any business done in India requires kickbacks, I'm sure there is plenty of shady things done by WFC.
Not to mention our CEO using insider information from his previous roles to roll out Visa cards to WFC customers.
It's always something isn't it?!? Makes you wonder when someone at OCC is finally gonna be the adult in the room and realize this place is too big to manage and govern and break it up.
Kickbacks to send jobs overseas. The offshore consulting companies do it all the time, so what do you think happens for FTE jobs?
Perhaps you missed the $7M settlement in the WSJ over a failure to flag suspicious transactions.
Debit and Prepaid Cards for UDAAP violations. Long history of shady practices in that area.
Inappropriate relationships between C-suite leaders and underlings.
Pre-hiring previous Chase employees before jobs are even approved and posted
More racist practices uncovered
Monkeypox outbreak