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Scandal-ridden Wells Fargo completely revamps compensation plan HW+

Sep 13, 2016By

First there were the mailing errors; then the illegal mortgage-fee shifting. Then a $1.2 billion settlement with the government over FHA lending violations. More recently, Wells Fargo came under fire for creating 2 million fake accounts as employees sought to get sales bonuses. Now the massive mortgage lender will completely revamp its compensation program starting in 2017.

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