Facebook wants your bank to cough up your data, according to a Wall Street Journal report Monday. Read more →
The CEO of Wells Fargo, Timothy Sloan, appeared before the Senate Banking Committee this morning to answer questions about the bank’s culture of ethical shortcomings.
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Wells Fargo is getting rid of the lobby coin-counter machines. Read more →
Wells Fargo has taken actions to rid itself of the stench surrounding a scandal in which it pushed products on unsuspecting customers as part of its employee sales goals. But it has done nothing for the working stiffs who were also victims as scapegoats while the company execs tried to keep the scandal from claiming themselves. Read more →
At least in the short term, a scolding from a politician can be costly, but it takes a lot more to bring a big bank down. Read more →
Tyrel Oates, the Charlotte Wells Fargo employee who wrote to CEO John Stumpf last year asking for a $10,000 raise for him and his colleagues, isn’t waiting around for a response, apparently. Read more →
Last year, Wells Fargo pulled in $5.7 billion in revenue, so an employee thought some of the worker bees should get a bigger share of that.
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