Wells Fargo Rehires About 1,000 Staff in Wake of Account Scandal

Bloomberg ------- Wells Fargo & Co., accused of ousting branch workers who struggled to reach untenable sales targets or objected to burgeoning misconduct, has rehired about 1,000 former employees as Chief Executive Officer Tim Sloan tries to put the scandal to rest. Sloan, who took the helm in October, announced the hiring spurt on a conference call with journalists Monday as he ticked off reforms and promised managers are learning from a scathing 113-page report the board issued hours earlier on the long-running abuses. The bank created a human resources team months ago to help innocent employees rejoin the company, he said. To learn more click on the picture below to read the article.