A group of nuns and other religiously-affiliated investors have lost faith in embattled Wells Fargo & Co and filed a shareholder resolution calling on the bank to report on the root causes of a fake accounts scandal that led to a $190 million settlement struck with regulators last month. The faith-based investors say they also want the report to cover improved controls after revelations bank employees opened as many as 2 million checking, savings and credit card accounts without the customers' permission in order to meet sales quotas.
Because The Universe Is Hilarious And Cruel, Wells Fargo Is Now Being Shamed By Nuns
We couldn't make this shit up if we wanted to, you guys.
WSJ: Pissed-Off Wells Fargo Board Ready To Put Its Claws In John Stumpf's Pockets
John Stumpf is having a sh!t sandwich for lunch again.
Wells Fargo CFO: Scandal Won't Hurt Bottom Line But Shhh, Don't Tell Anyone
500 execs can keep a secret, right?
Wells Fargo Disagrees With Racketeering Lawsuit, Won't Fight It Because...Y'Know
The bank's got a few other issues to deal with.
Totally Chilled Out Wells Fargo District Managers Only Called Employees 4 Times A Day For Sales Updates
5 would be psycho. 4? Totally reasonable.
Wells Fargo Shareholder Has Solution To Bank’s Little Unauthorized Accounts Problem
You'll want to hear this one, Stumpf.