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Case
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Reference no. 9-119-S25
Spanish language
Published by: Harvard Business Publishing
Originally published in: 2017
Version: 30 June 2017
Revision date: 05-Dec-2019

Abstract

This is a Spanish version. Set in early-2017, this case examines widespread sales misconduct at Wells Fargo Community Bank. Wells Fargo's governance and controls are described in the leadup to the September 2016 announcement that Wells Fargo had settled with regulators for USD185 million in relation to the years-long period of misconduct in sales. Subsequent investigations, terminations, compensation clawbacks, and other consequences are described.
Location:
Size:
> 1 billion; Fortune 500
Other setting(s):
2016-2017

About

Abstract

This is a Spanish version. Set in early-2017, this case examines widespread sales misconduct at Wells Fargo Community Bank. Wells Fargo's governance and controls are described in the leadup to the September 2016 announcement that Wells Fargo had settled with regulators for USD185 million in relation to the years-long period of misconduct in sales. Subsequent investigations, terminations, compensation clawbacks, and other consequences are described.

Settings

Location:
Size:
> 1 billion; Fortune 500
Other setting(s):
2016-2017

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