Trust

Wells Fargo

trust

News Observer/Business: New checking accounts down 41% at Wells Fargo.

Wells Fargo saw a further decline in business as the San Francisco bank continues to suffer in the wake of its fake accounts scandal.

“We still have a lot to do to rebuild trust” – said the head of retail banking. It will take some time for Wells Fargo to regain that trust….and the key element is whether there is a culture change at the bank. The culture change may in fact take longer.

Our business name identified us….we had to maintain trust….our name was always front and center.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s