They undermines believe, which is the most significant asset off a bank

Your face of your Neighborhood Banking section is Carrie Tolstedt, who the financial institution called a good “controlling director who was simply not accessible to complaint” and you can “infamously resistant against additional input and you will oversight.” But she met with the ear canal away from President John Stumpf as the this lady tool drove at least half of financial money.

During the 2015, the city regarding Los angeles prosecuted the bank

Stumpf try a champ away from decentralization and get across-attempting to sell regarding extra factors to present consumers. In reality, Wells Fargo is recognized for its significantly more than-average capacity to mix-promote services and products. Continue Reading