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Home > Cold Call by Harvard Business School > Two Million Fake Accounts: Sales Misconduct at Wells Fargo
Podcast: Cold Call by Harvard Business School
Episode:

Two Million Fake Accounts: Sales Misconduct at Wells Fargo

Category: Business
Duration: 00:24:16
Publish Date: 2018-08-17 09:52:19
Description:

Coming out of the financial crisis, Wells Fargo was one of the world’s largest and most successful banks, viewed as a role model in how to manage in times of crisis. The news of its sales misconduct — opening more than 2 million fake accounts — in 2016 rocked consumer confidence and inundated the news. Harvard Business School professor Suraj Srinivasan discusses how sales culture, leadership, board oversight, and risk management all played a role.

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