Marketplace®

Daily business news and economic stories

Former Wells Fargo employee shares pressure he felt over sales quotas

Over many years, bank workers opened more than 2 million accounts and credit cards without customers' permission.

Wells Fargo CEO John Stumpf resigned on Wednesday following outcry over a fake accounts scandal within the company. In order to meet sales quotas, employees had opened more than 2 million accounts and credit cards for customers without their knowledge

To get a better sense of the company’s culture, we spoke with former Wells Fargo banker Khalid Taha. He recently settled a personal injury lawsuit against Wells Fargo over stress caused by sales quotas and left the bank in July as a condition of his settlement.

Click the above audio player to hear his full account. 

Related Topics