Author Topic: WFC - Wells Fargo  (Read 238185 times)

John Hjorth

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Re: WFC - Wells Fargo
« Reply #740 on: July 20, 2018, 01:50:26 AM »
I think it's important to keep the time frame of this "socalled "new" bad" story about the activities at WFC in mind.
The time frame when these changes occurred in wealth management is the concerning part. It looks like they just ramped this up, after the problems at the bank gave surfaced and management was presumably fixing them. Now it seems that at the same time, they amped up the sales pressure at their investment advisory business to maybe compensate.

Seems rotten at the core to me.


Based on your post I've reread the article on Yahoo Finance today. It appears to me now, that I've got the last part of the article totally wrong while reading it the first time, sorry.
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