From 2011 until 2016, the employees of the Community Bank, Wells Fargo’s Consumer retail banking arm, opened 2 million unauthorized customer accounts and credit cards and sold products and services to customers under false pretenses in an effort to increase sales and drive up profits. As you have observed while reading the case, there were […]
Tag Archives: Wells Fargo
What are the three practices that you assign the highest priority-How would you address these three practices?
Topic: BMGT 496 – Week 5 Discussion Read the Wells Fargo Case at The Wells Fargo Cross-Selling Scandal You have just been named the new CEO at Wells Fargo. The facts cited in the above case reflect the reality of the situation you have just inherited. You are concerned about all the practices you find […]
Evaluate what Wells Fargo has done to repair the damage to their reputation-What should they still do?
The Subject is Business Ethics Address the following in a 3- to 4-page essay demonstrating your critical-thinking skills. It should be written for an audience of business owners. As an ethics expert working for a national ethics association, you have been asked to address the following: Evaluate what Wells Fargo has done to repair the […]
What is your assessment of the financial performance of Wells Fargo during John Stumpf’s tenure at CEO?
Wells Fargo: Setting the Stagecoach Thundering Again Analysis 1. What is your assessment of the financial performance of Wells Fargo during John Stumpf’s tenure at CEO? 2. What is the economic rationale for the “cross-sell” strategy? – Was it appropriate? – Why did it go wrong? 4. Why did the senior leadership at Wells Fargo […]
Discuss the wisdom of having financial institutions that are recognized as ‘too big to fail’ and the moral hazard they present to the economy at large.
ECON 3 The commercial banking structure in the US has changed a great deal in the past 30 years. Today the market structure of banking is that of a small set of globally huge banking behemoths (Citigroup, Bank of America, Wells Fargo, JP/Chase, etc) and a much larger set of much smaller banks. The big […]
How does the website engage with customers, suppliers, -donors and volunteers?
Wells Fargo Initial Website Review How does the initial website promote the organization’s purpose? How does the organization tell their story (in relation to their overall mission)? Does the website provide easy access to information? Does the website provide current information? How does the website engage with customers, suppliers, -donors and volunteers? Marketing Operations and […]
Identify and explain the structural variables that may have had an impact on the behaviours of Wells Fargo employees.
Description In this assignment, you will review a case related to Wells Fargo, a bank founded in the United States in 1852. Download and read the Wells Fargo case prepared by SAGE Business Cases which includes historical timeline of events related to the ultimate public release of information respecting fraudulent activities by employees of the […]
Provide an analysis of their scores. What do they mean for the bank ? Chart the risks associated with each financial institution .
Find the CAMELS rating for one of the top five banks (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, or Goldman Sachs) on the FDIC website here. Provide an analysis of their scores. What do they mean for the bank ? Chart the risks associated with each financial institution .
Research Wells Fargo’s recent unethical business practices during 2016-2017.Summarize what happened, who was involved and who was affected.
Research Wells Fargo’s recent unethical business practices during 2016-2017.Summarize what happened, who was involved and who was affected. Then give are commendation on if and how you would punish the wrongdoers including the CEO Stumpf and the employees who opened the accounts.
