Case in point: Wells Fargo foreclosure fraud.
Case in point: Wells Fargo opening new accounts in customer names without direction from, approval by, or notification to said customers.
The primary incentive of a bank is to make money rather than customer satisfaction, security, or most other things. Sometimes other priorities suffer in the race to profit, sometimes including regulatory compliance and legality.
The primary incentive of a bank is to make money rather than customer satisfaction, security, or most other things. Sometimes other priorities suffer in the race to profit, sometimes including regulatory compliance and legality.