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Wells Fargo Settles Brokers’ Claims of Racial Bias

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Wells Fargo Advisors paying $35.5 million to settle racial discrimination case

Wells Fargo Advisors paying $35.5 million to settle racial discrimination case*/

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Wells Fargo named to ‘awesome places to work list’ by

Wells Fargo named to 'awesome places to work list' by*/

– Home of the Day Sponsor Listing Distinctive Cape Cod Style HomeEnlarge A man uses an ATM outside of a Wells Fargo & Co. bank branch in Los Angeles, California,… moreWell Fargo may have made the list of “11 Awesome Companies Hiring Now” this week from Glassdoor.com, but its inclusion is already drawing criticism from market watchers baffled by its ranking after a year marked by scandal.Job searching and rating site Glassdoor.com released list for job seekers and it includes companies like Godiva, Tripadvisor and Comcast.It put Wells Fargo at No.
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Wells Fargo Is Trying to Fix Its Rogue Account Scandal, One Grueling Case At a Time

Wells Fargo Is Trying to Fix Its Rogue Account Scandal, One Grueling Case At a Time*/

– Aaron Brodie has been dogged by poor credit for five years, the result, he said, of a Wells Fargo & Co. banker giving him a credit card he didn’t ask for.Hearing about the bank’s civil settlement over alleged illegal sales practices, he called a Wells Fargo hotline, thinking help was at hand.Wells Fargo told Mr. Brodie, 28 years old, an emergency dispatcher with the Fort Worth, Texas, police department, that there was nothing…
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Wells Fargo (NYSE: WFC) finds fixing scandal’s damage to credit scores a tough nut to crack

Wells Fargo (NYSE: WFC) finds fixing scandal’s damage to credit scores a tough nut to crack*/

– Enlarge Wells Fargo’s efforts to compensate victims of its fake accounts scandal are complicated… moreWells Fargo’s efforts to compensate victims of its fake accounts scandal are proving to be a difficult task, the Wall Street Journal reported Tuesday.The San Francisco-based bank’s success in helping victims recover will go a long way in determining the fate of new CEO Tim Sloan and Wells Fargo’s success in putting the scandal behind it, the newspaper said.Enlarge Wells Fargo’s efforts to compensate victims of its fake accounts scandal are complicated… moreThe impact on victims’ credit scores is a particularly difficult issue to address since it can be hard to hypothesize what mortgages weren’t granted, jobs not offered or insurance rates raised as a result of unauthorized credit cards being granted.
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Wells Fargo Settles Brokers’ Claims of Racial Bias

Wells Fargo Settles Brokers' Claims of Racial Bias*/

– Wells Fargo & Co. settled a dispute with a group of black brokers claiming the bank failed to give them the same career opportunities as their white colleagues.The bank will pay $35 million to more than 500 financial advisers and trainees, according to a settlement agreement filed Friday.Wells Fargo also agreed to add employees tasked with recruiting and coaching black brokers, and to set up a $500,000 business-development fund.
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