Regulatory

Is Wells Fargo scandal just the beginning of big-bank bad-behavior probe? 

A quick search through the CFPB’s public consumer complaint database produces some alarming results that raise the question: “Is Wells Fargo’s cross-selling scandal over and is it really limited to only one bank?” The following complaint examples do exactly what the database is designed to do, “humanize the problems.” With millions of customers already impacted from Wells Fargo’s scandal, you can bet potential and current borrowers are now more weary about trusting banks.