Morning Scan: Wells' Sales Culture Ran Amok; Deutsche Says ...
09/19/16
Receiving Wide Coverage ...
Too much pressure: Wells Fargo's sales culture "rooted itself so deeply … that it eventually spiraled out of control," the Wall Street Journal reports. "Questionable sales tactics … were an open secret in Wells Fargo branches across the country," according to interviews the paper conducted with more than three dozen current and former employees, from area presidents down to tellers. "Many branch managers routinely monitored employees' progress toward meeting sales goals, sometimes...
[more]- Feeds Categories:
