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Wells Fargo to Roll Out Retail Compensation Plan Next Week

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Wells Fargo to Roll Out Retail Compensation Plan Next Week

Wells Fargo to Roll Out Retail Compensation Plan Next Week*/

– MultimediaHow Mobile Banking Is Raising Its GameMobile phones are only going to become a bigger part of how banks interact with their customers, so several institutions are looking to enhance that experience.They are focusing on better ways of opening accounts, verifying identities, interacting with customers and offering new services and features.Here are some of the improvements announced this year.
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Wells Fargo to Roll Out New Compensation Plan to Replace Sales Goals

Wells Fargo to Roll Out New Compensation Plan to Replace Sales Goals*/

– Wells Fargo & Co. will roll out a new retail-banking compensation structure next week in an attempt to fix what many believe was one cause of its sales-tactics scandal.San Francisco-based Wells Fargo is in the process of completing the final parts of the new plan, which will focus on customer service, customer usage and growth in primary balances, people familiar with the matter said.Before the scandal, which became public in…
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Seattle’s Wells Fargo Divestment Plan Has Lofty Goals, Few Details – InsideSources

Seattle's Wells Fargo Divestment Plan Has Lofty Goals, Few Details – InsideSources*/

– Late last year, the Minneapolis city council approved a proposal to divest itself from Wells Fargo and other banks with investments in the fossil fuel industry.Now Seattle is moving forward with a similar proposal which would punish the bank for both its fossil fuel investments and unscrupulous business practices.As in Minneapolis, however, it is unclear where the city plans to take its business.
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