Personal Narrative: Banking With Wells Fargo

Wells Fargo’s deposits totaled $847.9 billion at December 31, 2010, compared with $824.0 billion at December 31, 2009. (p 53 on 10k)

I agree with you, when you state that the first red flag was the fact that the check was postdated. In their lines of business, there should have been policies in place that would have protected them from unnecessary losses. I personally feel that the following policies are necessary.

and PINs in order to pull it off. Wells Fargo will pay a total of $185 million to pay everyone back and for

In Iowa, the State Wrestling Tournament rules over all other state tournaments averaging about 16,000 spectators during the first place matches. But, it’s not the fans that make this tournament special. It’s the boys from all over our state who dream of one day being able to wrestle in Wells Fargo Arena while those 16,000 fans cheer their name.

In 2016, federal regulators caught Wells Fargo creating millions of fake bank and credit card accounts; over 1.5 million bank accounts were created. Furthermore, federal regulators also said that 565,443 credit cards were created, and 1400 of those accounts had been charged over 400,000 dollars in fees. Wells Fargo employees broke many ethical and legal boundaries and engaged in counterproductive work behavior.

Wells Fargo was established in 1852 by Henry Wells and Williams Fargo who joined a group of other investors to form a transportation and banking company. In 1849, gold was discovered in California, which encouraged a huge demand for its cross country shipping and by 1852 Wells Fargo shipped its first consignment of gold. Wells Fargo also established merger deals with Pony expresses which made them one of the pioneers of pony transportation. This company later expanded to a company that offered not just pony and gold transportation services, but also offered banking services by purchasing gold and selling paper bank drafts as good as gold. In 1905, the banking branch of the company merged with the Nevada National Bank and established its new headquarters in San Francisco. ("Wells and Fargo start shipping and banking company", 2016).

I would tell my medical manager that I wouldn't be able to do that because In so many ways it is just like fraud. Then that would make me responsibly if something was to happen. Then it would make the practice look bad as well as myself. I would report to her boss and let he/she know about the situation. Then I would immediately start looking for another job because I'm already being underpaid and I do not want to commit fraud just to get a decent check. I could not continue to work in a environment like that. This is a decision you should not have to think about because I know that I have worked very hard to get this far and I wouldn't throw it all away for somebody else. As well as thr consequences behind it. I would feel like I have let

In September of 2016, it was revealed that there was alleged misconduct at one of the largest and safest banking institutions in the United States. Wells Fargo Bank was ranked among the nation’s safest financial institutions according to an analysis done by Global Financial, (Inside Tucson Business, 2009). Alleging that between May 2011 and July 2015, there were more than 2 million bank accounts or credit cards opened for customers without their knowledge or permission (Blake, 2016). Clients started complaining the they were receiving debit/credit cards from the bank that they had not ordered. Wells Fargo employees also started complaining that about the unethical behaviors they witnessed or were asked to participate in to the Human Resource Departments, the bank’s internal ethics hotline, branch’s individual managers and supervisors. All which led to the discovery of the fraud scandal.

Wells Fargo founded in 1852 is known for being a financial services company. Wells Fargo provides banking, insurance, investment, mortgage, and consumer and commercial financial services through more than 8,600 locations, 13,000 ATM’s, online, and mobile devices. Wells Fargo is headquartered in San Francisco, California but has a vision of being decentralized from that location. Being decentralized allows each location to act as a headquarters to provide their customers with specific financial services. Wells Fargo employs approximately 268,000 employees to serve 70 million customers.

I have been working at Freedom mortgage since last four months as a contractor. I was hired by Technology services LLC to work on Freedom mortgage as a contract to hire position. In my four months I have completed several projects successfully and established outstanding relationship with my colleagues and my supervisor.

This 1 Star rating would be manageable if I had some orders prior to balance it, but because it is my first Sale I am considering closing the account in the next 24 hours because I cannot get orders nobody trust 1

Just looking through their queue it is obvious that they do not regularly check and update tickets that are older than a few days. These ticket seem to have fallen off the radar so to speak. Help desk had a 3 day policy anything older than 3 days needed to be touched in some way. Customer service pending tickets for example. I try to use the same rule for all of my tickets. I am guilty of not updating tickets every now and then but I try to stick to that.

Since 1852, when Henry Wells and William Fargo founded the company, it has always had the main focus on its customers. Originally, the idea set aside this financial institution from the rest was the determination with the Pony Express and the classic stagecoaches to allow express banking. “Wells Fargo earned a reputation of trust by dealing rapidly and responsibly with people’s money” (Wells Fargo, 2017). The bank began to grow rapidly throughout the years and took on the motto “Ocean to Ocean”, it was a this time the stagecoaches began traveling miles and miles in order to deliver their customers banking needs in a timely manner. However, by the time the Great Depression hit, the bank unfortunately lost all their business and resorted back to their original stomping grounds in San Francisco. It wasn’t until during this time, the Wells Fargo stagecoach became a symbolic icon in the Hollywood western films. By taking on this credibility in the films, it provided a leverage for the company to come back and take back their “Ocean to Ocean” title. “New banking concepts not only changed where people banked, but how they banked. Drive-up tellers,

Well Fargo is currently being sued over 185 Million Dollars and 5,300 were fired for making fake account.

able to conduct business. We may be facing another three weeks to three months of delay