Wells Fargo

information from Columbia Southern University library database, I discovered articles about Wells Fargo unauthorized accounts opened in state of Pennsylvania. The authors dialogue expounds the huge waking in the scandal that affected and triggered intense scrutiny in company’s sales platforms. In the wake of a nationwide scandal over its sales practices, the author’s point of view was to give Wells Fargo customers the insider into how the problems will be investigated, and explain the ethical…

organization. Wells Fargo Bank has gone through numerous public scandals and crises over the last year, most notably the sales practices lawsuit in 2016. Since that revelation, several other controversial news headlines have popped up as well, including executive dismissals, class action lawsuits, and settlements. Over the past year, the company has tried to repair the reputation damage and reassure its stakeholders (not limited to shareholders) that it was committed to change. Wells Fargo’s…

Especially since the employees were opening fake accounts with no money in it, which doesn’t seem to benefit the bank much. Since Wells Fargo focuses on cross-selling, selling as many products as possible to existing customers is ideal. Because of this, each employee had a target of selling each customer at least eight products, which eventually increased to ten. This created a “high…

situational assessment, the CMT is gain awareness of the crisis and help predict the direction in which it will evolve. Situational Assessment Examples An example of an impending crisis is the 2016 exposure of Wells Fargo employees opening false accounts. Employees at Wells Fargo…

American judicial system is far from ideal, considering the recent indictments and judgments against payday lenders and the apparent "pass" being given to the criminals at Wells Fargo. Wells Fargo Criminals Will Apparently Walk Free; Payday Lenders Indicted By now, many people have heard about the scandal involving Wells Fargo. Bank employees have been accused of "widespread illegal practices," such as opening millions of accounts…

While attending the Wells Fargo Information Session on campus, I learned and found the information about the Leading Women in Financial Services. The LWFS interests me greatly because it offers me an opportunity to gain experience and seminar training in the real business world. As a full-time student, I maintain a good standing in leadership activities as well as in academics. My experiences have given me the communication skills, leadership skills, and finance background that make me an idea…

not have extra energy to chase it. I guess this is the reason why there are only a minority of people reaching success. Jim Collins uses professional expertise and vocabularies in stating his views, and personally I think his opinions were well-structured and well-developed. Those examples and quotations that are used in this book brings direct information to the audiences, which personally I believe is a great way to penetrating ideas to audiences. The illustration and tables in each chapter…

Wells Fargo is one of the major banks that provide various financial services to customers both in and out of the United States. It is also an organization that satisfies Swales’ (2010, pp. 466-479) six criteria for discourse community from various aspects. Wells Fargo shapes its company culture to two major criteria, they are the culture of caring and the culture of “One Wells Fargo” (Wells Fargo, n.d.). It embeds its culture into its daily operation and customer service. Its beliefs and…

Wells Fargo and Company was destined to become the leading banking company of the West, after being founded by Henry Wells and William Fargo. Wells Fargo was inspired by California’s economy boom that happened after the discovery of gold at Sutter’s Mill in the year 1849. Due to these events, Wells and Fargo along with several New York investors began to create the company we all know now as Wells Fargo that would profit from this demand. Because of California’s camps that were isolated for…

end all leads to success. Wells Fargo is world banking franchise who services all of America and around the World. Wells Fargo has been around for a very long time and continues to grow rapidly. There is department within Wells Fargo called Home Equity Maturing accounts where they specialize in refinancing Mortgages and Equity accounts for homes. This department has been using the same strategies for a long time that helped build this department within Wells Fargo. Bringing in so many…