https://www.bankingdive.com/news/warren-wells-fargo-asset-cap-fed-powell-barr-letter/733625/
Pocahontas has spoken!!
The bank's OCC order, citing anti-money laundering deficiencies, and a court case over alleged sham interviews prove Wells hasn't changed sufficiently, the senator wrote in a letter to Fed officials.
Golly gee and why did we have that asset cap imposed in the first place? Can't quite put my finger on the multitudes of scandals and lawsuits that caused that... I can say with confidence that the bank is not better by any means, we still sc--w over customers and employees left and right in the name of corporate greed.
Let’s see what happens to TDI:
They seem to have settled really quick:
https://www.justice.gov/opa/pr/td-bank-pleads-guilty-bank-secrecy-act-and-money-laundering-conspiracy-violations-18b
Yeah, I'm fine with that. At least you can explain and accept consistency.
@myi+1vFFefFT Ok easy- give them asset caps too.
Thanks for your commitment to consistency!
I wish anyone downvoting this would be immediately fired.
If you work at Wells, why would you root for this?
She's wrong in the fact that all of the top banks are going through the same. Wells is the only one with an Asset Cap.
She is right. We all know it.
Leaving politics out of it, she's not wrong
That is Fauxcahontas!!!!
She's right.