Page 65 - Flip Banks TG
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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