Yet another former Wells Fargo employee has come forward to talk about the high-pressure atmosphere created by the bank, where she says there were only two types of employees: those who sold customers on products they didn’t want, and those that were shown the door. [More]
Opening accounts
Wells Fargo Employee: I Tried Talking Friends & Family Into Opening Accounts To Meet Sales Quotas
By 9.29.16 — Updated: 9.30.16
Wells Fargo Ditches Sales Goals After $185M Penalty
By 9.13.16 — Updated: 9.30.16
There’s nothing like being ordered to pay $185 million in refunds and penalties to get a big bank to change some of its business practices. After its employees allegedly created millions of bogus accounts in an effort to meet sales quotas and earn bonuses, Wells Fargo is putting an end to these controversial goals. [More]
