Can Wells Fargo Repair Its Image Through Arbitration?

Can Wells Fargo Repair Its Image Through Arbitration?

Peter Conti-Brown and Lisa Cook discuss what Wells Fargo’s request for arbitration means

In response to a class-action lawsuit resulting from its fraudulent accounts scandal, Wells Fargo has petitioned a Federal District Court to force the bank’s customers into arbitration. Wharton legal studies and business ethics professor Peter Conti-Brown and Lisa Cook, a Michigan State University professor of economics and international relations, joined the [email protected] show on Wharton Business Radio on SiriusXM channel 111 to discuss what this means, and what might happen to banks that commit questionable practices under the incoming Trump administration. You can listen to the complete podcast at the top of this page.

EXCLUSIVE: KG Funds Shuts Down After 13 Years Of Outperformance

After 13 years at the head of KG Funds, the firm's founder, Ike Kier, has decided to step down and return outside capital to investors. The firm manages around $613 million of assets across its funds and client accounts. According to a copy of the firm's latest investor update, Kier has decided to step down Read More

Wells Fargo

For more [email protected] coverage of the Wells Fargo Scandal, see: “Why the Wells Fargo Hearing Raises More Questions Than It Answers” and “The Wells Fargo Scandal: Is the Profit Model to Blame?

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