According to CNN's Money:
"5,300 Wells Fargo employees fired for creating over 2 million phony accounts http://money.cnn.com/2016/09/08/investing/wells-fargo-created-phony-accounts-bank-fees/index.html"
Is it time to break up the mega-banks?
According to CNN's Money:
"5,300 Wells Fargo employees fired for creating over 2 million phony accounts http://money.cnn.com/2016/09/08/investing/wells-fargo-created-phony-accounts-bank-fees/index.html"
Is it time to break up the mega-banks?
I don't think breaking up mega-banks is the right idea, however I don't recommend joining a national bank like this. I realize they have branches where people can make you feel like an important customer, but I prefer small to mid-sized banks as opposed to the gargantuan ones. There seems to be more care amount small to mid-sized banks.