Wells Fargo employees say little has changed since fake accounts scandal

Bank workers say they are still under pressure to get bonuses and push through deal closings with 'no real respect.'

It has been two years since Wells Fargo was embroiled in one of the biggest banking scandals in history. Under pressure to hit sales targets it was revealed that staff had created millions of fake bank accounts in order to hit their goals. Despite huge fines, a congressional mauling and public apologies, employees at the 166-year-old bank claim little has changed.

“It doesn’t feel like they’ve changed much of anything, to be honest,” Meggan Halvorson, a Wells Fargo private mortgage employee for six years, told the Guardian. “Things put in place don’t seem to be doing much of anything and we still hear complaints from customers.”

Since the scandal broke Wells Fargo has paid over $1.7 billion in fines, $575 million of that as late as December. Its executives have been grilled by Congress and the bank has promised “a new day."

https://www.msn.com/en-us/money/companies/wells-fargo-employees-say-little-has-changed-since-fake-accounts-scandal/ar-BBRNkdM?li=BBnbfcN