Original Source: CNN Money by Matt Egan
“Wells Fargo used to be able to brag of a superior reputation, rich in history, and mostly clean of the mud from the Great Recession.
But over the past two months, the storied Wells Fargo name has been tarnished by a scandal. And unlike complex financial crisis-era crimes, this is one all Americans can understand. Wells Fargo created as many as 2 million fake bank and credit card accounts between 2011 and 2015. The bank’s fumbled response in front of Congress, and alarming stories of mistreatment by workers, have only added fuel to the fire…”
Contributors: Open SourceCategories: Industry Articles, SIG U Resource
SRC Type: Risk Management, Sourcing Management, Third Party Management