Proxy advisor ISS recommends voting out Wells Fargo board

In September, Wells Fargo & Co. agreed to a $185 million regulatory settlement over its fake bank account scandal. Considering the profitability of the bank, some observers have expressed dismay at the affordability of that settlement, arguing that the amount the bank paid was probably less than it raked in by pressuring employees to open unauthorized bank accounts. If that’s the case, what can be done to rein in the megabank’s behavior? Continue reading

Ratings and Reviews

9.2David J. Steele II
ABF Bar image