In what may be the most innocent violation to emerge out of Wells Fargo in years, the WSJ reports that Wells has fired or suspended more than a dozen employees in its investment bank and is investigating dozens of others over violations of the company’s expense policy regarding after-hours meals.
According to the report, Wells Fargo employees ranging from analysts to managing directors in New York, San Francisco and Charlotte, doctored receipts on dinners that they charged to the bank. Continue reading “Wells Fargo Fires Over A Dozen Bankers For Doctoring Expense Receipts”