The fallout from the Wells Fargo fake account fiasco continues to pile up, with state officials in both California and Illinois announcing they would stop doing business with the bank for the time-being. [More]
fraudulent accounts
4 Things Former Wells Fargo Workers Revealed About Pressure To Meet Sales Goals
On Tuesday morning, Wells Fargo CEO John Stumpf will face the Senate Banking Committee to answer questions about how the bank’s high-pressure sales goals led a number of employees to fraudulently open up millions of unauthorized accounts. In advance of that hearing, a group of former Wells employees shared their insider views on this scandal. [More]