Page 65 - Flip Banks TG
P. 65

Moreover, punishment of the biggest banks and their senior

               managers when they violate the law has been derisory. Few

               bankers have lost their jobs. Simply put, senior bank

               management have a responsibility that demands

               accountability yet excessive risk-taking is not punished,

               especially when it fails to deliver – executive compensation,

               bonuses and packages in these instances are the rule not

               the exception.


               Perhaps executive compensation should now be higher up
               the political agenda of government.



               Wells Fargo Profile





                                           Wells Fargo & Company


                                                             Crocker National Bank
                                                            First Interstate Bancorp
                                                            Bank of North America
                                                           First Security Corporation

                                                             Norwest Corporation
                    Predecessors                                   Wachovia

                        Sector                            Banking & Financial Services


                                           “For our team members and customers, we want to create a
                   Tagline/ Slogan         culture that’s better every day,” Chief Executive Officer Timothy Sloan 2018

                         USP                       Wells Fargo has an experience of 160 years

                                                     Wells Fargo STP


                      Segment                      Commercial, Corporate & Personal Banking

                    Target Group         Large enterprises and rich individual investors from urban areas

                     Positioning                    Complete Banking and financial solutions


                                             Wells Fargo’s Bank Competition
   60   61   62   63   64   65   66   67   68   69   70