Wells Fargo cautious on sales quotas amid banker complaints -CFO

April 14, 2015 4:52 PM

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NEW YORK, April 14 (Reuters) - Wells Fargo & Co takes seriously allegations that some of its bankers push products customers don't need due to pressure to meet aggressive sales quotas, Chief Financial Officer John Shrewsberry said on Tuesday.

"We have to be cautious and make sure we're not creating incentives for people to sell products and provide services that are not in the best interest of the customer," Shrewsberry said in an interview. "We take that deadly seriously, and we have for a long time."

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