Monday , 23 July 2018

Home » RESOURCES » INVESTING » Senators ask Labor Department to investigate Wells Fargo for labor violations

Senators ask Labor Department to investigate Wells Fargo for labor violations

Several Democratic senators on Thursday sent a letter to Labor Secretary Tom Perez asking for an investigation of Wells Fargo . In the wake of revelations about the bank’s consumer fraud, the Consumer Financial Protection Bureau found stringent quotas and inappropriate incentives, the letter said, and “threats of termination; mandated hours of unpaid overtime; harassment; and other forms of retaliation.”

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Senators ask Labor Department to investigate Wells Fargo for labor violations Reviewed by on . Several Democratic senators on Thursday sent a letter to Labor Secretary Tom Perez asking for an investigation of Wells Fargo . In the wake of revelations about Several Democratic senators on Thursday sent a letter to Labor Secretary Tom Perez asking for an investigation of Wells Fargo . In the wake of revelations about Rating:
scroll to top