Fargo, North Dakota

In the year, 2005 a Wells Fargo employee by the name of Julie Tishkoff came in contact with the Human Resources Department of Wells Fargo and she had claimed to see employees opening up fake accounts, illegally forging signatures and sending out “unsolicited” credit cards. As a result this woman was fired for revealing this information. On the 8th of September Wells Fargo made the promise that they would pay $185 million in fines that resulted from…

For over a hundred years, Wells Fargo has been a lead provider of both personal and business banking. Financial services including insurance, credit cards, mortgage and investments are offered through the company. According to the 2015 Wells Fargo CSR plan, two of their core principles include putting customers first and valuing their team members. However, in 2011, allegations against Wells Fargo began to accumulate that employees were reportedly opening fraudulent accounts and credit cards…

On September 8th, 2016 Wells Fargo announced it would be paying 185 million dollars in fines to settle the dispute it’s employees caused among customers. Employees in the lower division banks were offered incentives based on their sales progress. “Eight is great” was what the employees were bribed with. Entice eight Wells Fargo products to their customers and receive a cash bonus. This demanding quota urged employees to cut corners and create fake credit card and checking accounts; two million…

external workplace communication to inform, persuade, and educate their constituents on business, product, or service information. Companies elevate their brand when their trade name is reputable. When you see names such as Edward Jones, Starbucks, Wells Fargo, you immediately recognize the brand and name because of communication strategies. The way a company communicates to their stakeholders is measured…

In this paper the topics about ethics and privacy are going to be the main topics of discussion. Two businesses are going to be used in order to give examples about ethics and privacy. The bank Wells Fargo is going to be used to explained bad ethics and bad privacy. Wells Fargo has failed the code of ethics, and also violated their costumer’s privacy, because they used information that should have been used without the customer’s consent. The company Nike is going to be used to represent good…

AN ANALYSIS OF THE WELLS FARGO ACCOUNT SCANDAL INTRODUCTION Paying bank fees may be one of the most annoying, unwanted situations customers experience in the banking system. Imagine the fees paid suddenly becoming multiplied, and you were paying for accounts you didn’t even sign up for. For Wells Fargo customers, this nightmare became a harsh reality. The 185 million dollar Wells Fargo Bank account scandal began in 2011 and was revealed to the public five years later after…

significance of making an ethics-focused decision with its ethics parameters. On May 5, 2015, Wells Fargo Bank is sued…

Wells Fargo was the company I have selected for my final project. My rationale for choosing them is slightly beneficial for me because I am a customer and have been since early 2000. As a client, I want see how were going to turn around the public and stakeholders view of their Corporate Social Responsibility after many mishaps in the past few years. One of Wells Fargo biggest mishaps was their unfair lending practices and also a more resent problem were bank employees issuing unwanted credit…

outcomes in which the founder and stakeholders which to take it (Parnell, 2016). With such a clear vision, no one would expect reports of former Wells Fargo workers participating in unethical sales activities (Egan, 2016). Even more so, today’s news of John Stumpf, stepping away from his dual roles as Chairman and Chief Executive of Wells Fargo (Glazer, 2016). The U.S. Consumer Financial Protection Bureau…

Wells Fargo When speaking of Wells Fargo, there was not just one man who made it, but multiple businessmen in New York. It then made its way in to the west becoming a leading freight and bank company in the West. Wells Fargo was founded by several investors Henry Wells and Williams Fargo, hence the two last names combined, Wells Fargo. They both sought to profit off the huge demand of gold in 1849, so then the company in 1852 starting transporting their first loads of freight between mining…