Who was the C-E-O of Wells Fargo?
Spearheaded by the company’s then C.E.O., Dick Kovacevich, it involved a novel way of thinking about banking. As Kovacevich told me in a 1998 profile of him I wrote for Fortune magazine, the key question facing banks was “How do you sell money?”
Who are the people involved in the Wells Fargo scandal?
A look at key events. Bank employees are accused of opening or applying for over 2 million bank accounts or credit cards without customers’ knowledge or permission. — — Wells Fargo is embroiled in a scandal over assertions that bank employees opened accounts without customers’ authorization.
How did Wells Fargo pressure employees to cross sell?
Wells Fargo pressured employees to cross-sell, offering customers with one type of product, such as checking or savings accounts, to also buy other types of products, such as credit cards and loans. One former employee described it as a “grind-house,” with co-workers “cracking under pressure.”
Who is the spokeswoman for Wells Fargo?
In response to the senators’ request to the DOL, Wells Fargo spokeswoman Jennifer G. Dunn told ABC News today that “our team members are our greatest asset.”
Where did the Wells family name come from?
The Wells family name was found in the USA, the UK, Canada, and Scotland between 1840 and 1920. The most Wells families were found in the USA in 1880.
How many census records are there for the name Wells?
There are 1 million census records available for the last name Wells. Like a window into their day-to-day life, Wells census records can tell you where and how your ancestors worked, their level of education, veteran status, and more. There are 95,000 immigration records available for the last name Wells.
What kind of jobs did people named wells have?
In 1940, Farmer and Maid were the top reported jobs for men and women in the US named Wells. 16% of Wells men worked as a Farmer and 6% of Wells women worked as a Maid. Some less common occupations for Americans named Wells were Truck Driver and Housekeeper.
Wells Fargo pressured employees to cross-sell, offering customers with one type of product, such as checking or savings accounts, to also buy other types of products, such as credit cards and loans. One former employee described it as a “grind-house,” with co-workers “cracking under pressure.”