Wells Fargo Board Releases Findings of Independent Investigation of Retail Banking Sales Practices a
- Safi Bello
- Apr 10, 2017
- 1 min read
Wells Fargo press release -------- The Board of Directors of Wells Fargo & Company (NYSE: WFC) today released the findings of the previously announced independent investigation into the Company’s retail banking sales practices and related matters. Led by a special committee of Independent Directors, the investigation was launched in September 2016 and assisted by Shearman & Sterling LLP. A 110-page report on the findings can be found at wellsfargo.com/assets/pdf/about/investor-relations/presentations/2017/board-report.pdf. The Board’s goals in conducting the investigation were to understand the root causes of improper sales practices in the Community Bank, to identify remedial actions to ensure these issues can never be repeated and to help rebuild the trust customers place in the bank. To get more in depth information click on the picture below to read the release.










































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