‘Bad’ incentives, poor communication behind Wells Fargo sales scandal -Fed’s Dudley
06 Feb ‘Bad’ incentives, poor communication behind Wells Fargo sales scandal -Fed’s Dudley
Posted at 14:34h
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by KMFSLLP
NEW YORK, Feb 7 (Reuters) – Bad incentive structures for
employees and a lack of communication to management contributed
to Wells Fargo & Co’s sales practices scandal, Federal
Reserve Bank of New York president William Dudley said on
Wednesday.
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