Money, Business and Books with tha homies
Money, Business and Books with tha homies
Literacy Kings
S2 Ep8 - Wells Fargo's CEO says, "There is a limited pool of black talent." - Money Circulation
50 minutes Posted Oct 12, 2020 at 4:31 pm.
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EPISODE OVERVIEW
Wells Fargo Chief Executive Charles Scharf aka "Chuck" angered some Black employees in a Zoom meeting this summer when he made the statement, "While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of black talent to recruit from," This was the lame excuse Chuck used to explain why the bank had trouble reaching diversity goals.
This is not Wells Fargo's first time in the news. They have admitted to opening fake accounts and opening accounts for customers without knowledge. In February the bank reached a $3 billion settlement with regulators to close the books on the bank's civil and criminal liability.
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