Wells Fargo Sucks

And still has tons of customers

Photo by Jas Min on Unsplash

I continue to be amazed that Wells Fargo remains one of America’s largest banks.

It seems the banking behemoth is always in the news for some sort of scandal.

Here’s a sample of quotes about the bank pulled from recent stories on its nefarious activity:

Wells Fargo Workers Fight Back | Advocate Andy | NewsBreak Original

Senate Banking Committee Chair Sherrod Brown of Ohio, in a letter to regulators:

“Recent allegations of unfair labor practices against Wells Fargo are yet another example of the bank’s pattern of repeatedly violating a range of federal and state laws,” wrote Brown. “Existing monetary penalties and growth restrictions have not been sufficient to prevent Wells Fargo from repeated consumer abuses, compliance failures, and gross mismanagement. Regulators should take stronger actions to change Wells Fargo’s culture of noncompliance and account for the troubling unfair labor practice allegations that could be the bellwether for broader safety and soundness and consumer compliance risks.”