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Exclusive: U.S. regulator knocks its own handling of Wells Fargo sales scandal#stockbroker

Exclusive: U.S. regulator knocks its own handling of Wells Fargo sales scandal#stockbroker | Stockbroker | Scoop.it
Wells Fargo & Co (WFC.N) and its U.S. bank regulator discussed complaints of high-pressure sales tactics as early as 2010 but officials took no action for years, according to a regulator's review of the scandal.
Edu King Priest's insight:

"The Wells Fargo board of directors was alerted in 2005 that bank tellers were being fired because they created phantom accounts, according to the report."

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