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Wells Fargo Scam Not Unique – Other Banks Do the Same Thing

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The evidence is mounting that the Wells Fargo scam was not unusual practice in the banking industry, which means investors need to brace for similar scandals at other banks.

The heavy pressure on workers to "cross-sell" multiple products to the same customer is what got Wells Fargo into hot water - and is accepted practice at most consumer banks.

These are the banks most likely to end up in regulators' crosshairs next...

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The post Wells Fargo Scam Not Unique – Other Banks Do the Same Thing appeared first on Money Morning - We Make Investing Profitable.


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