Pervasive Sham Deals at Wells Fargo, and No One Noticed?

September 13, 2016 1:16 PM

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Pervasive Sham Deals at Wells Fargo, and No One Noticed?

“I don’t want anyone ever offering a product to someone when they don’t know what the benefit is, or the customer doesn’t understand it, or doesn’t want it, or doesn’t need it.”

That was John Stumpf, the chief executive of Wells Fargo, one of the nation’s largest banks, in an interview about a year ago with The San Francisco Chronicle.

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