Wells Fargo Accused Of Holding Fake Interviews With Minority Candidates: Report

A former director at wells fargo The bank alleges that the company conducted ‘fake’ interviews for minority candidates for positions that had already been filled, and says it was fired for raising the issue.

Joe Bruno, a former executive in the wealth management division of Wells Fargo’s headquarters in Jacksonville, Florida, told the New York Times that the company would interview minority candidates for positions to adhere to an informal diversity-promoting policy, but noted that the candidates often applied for jobs promised to someone else.

This photo from Tuesday, October 12, 2021 shows a Wells Fargo location in Philadelphia. (AP Photo/Matt Rourke/AP Newsroom)

Bruno says he was fired last summer after telling his superiors the interviews were “inappropriate” and “ethically and morally wrong”.

The Times reported that Bruno was one of seven current and former Wells Fargo employees who said they had been tasked with interviewing “various” candidates for positions, even if the decision had already been made to hire another candidate. to take.

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Wells Fargo Branch Chicago

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois (Reuters/Reuters)

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Raschelle Burton, a spokeswoman for Wells Fargo, said, “To the extent that individual employees engage in the behavior described by The New York Times, we will not tolerate it,” Raschelle Burton, a spokeswoman for Wells Fargo, told the Times.

In a statement to Fox News Digital, Wells Fargo said it was unable to verify Bruno’s claim.

“We investigated all of the specific claims the reporter shared with us prior to the story’s publication and were unable to confirm the claims as factual,” a company spokesperson said.

The spokesperson added that Wells Fargo is “continuing with our internal review and if we find evidence of inappropriate conduct or deficiencies in our guidelines or their implementation, we will take decisive action.”

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In August 2020, amid widespread protests and riots following the death of George Floyd, Wells Fargo agreed to pay nearly $8 million to settle a claim from the Department of Labor alleging that the company had killed tens of thousands of black job applicants. would discriminate.

Months earlier, the company agreed to a $3 billion settlement to resolve a fake account scandal, admitting it had falsely collected millions of dollars in fees and interest, damaged some customers’ creditworthiness and private information. of customers had used illegally.

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Unrealistic sales targets led to millions of accounts being opened without customer knowledge or under false pretenses, the company also admitted.

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