The complaint alleges that when the public learned in June 2022 that Wells Fargo's DEI "shams" involved conducting interviews with candidates it had no intention of hiring solely to comply with those ...

The company's hiring practices came under scrutiny recently. Federal prosecutors in Manhattan have started a criminal investigation into Wells Fargo to determine whether the nation’s third ...

Federal prosecutors in New York have opened a criminal investigation into whether Wells Fargo violated federal ... the bank said in a memo it was pausing a hiring policy that requires recruiters ...

Oct 31 (Reuters) - Wells Fargo & Co (WFC.N), opens new tab said on Monday that the U.S. Securities and Exchange Commission has begun investigating its hiring practices, after the Department of ...

Wells Fargo is putting its diverse slate hiring guidelines on hold following a report that the policy requiring interviews with a diverse pool of candidates led to "fake interviews" with minority ...

July 29 (Reuters) - A U.S. judge ordered Wells Fargo (WFC.N), opens new tab to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it ...

From 2020 to 2021, the bank’s external hiring of candidates from underrepresented racial and ethnic groups increased 27%. Wells Fargo is headquartered in San Francisco but has its largest ...

Wells Fargo, one of the Des Moines metro's largest employers, has ended a policy that required a diverse slate of candidates in the first round of interviews for senior-level roles in the United ...

Wells Fargo has suspended a hiring policy that required managers to interview diverse candidates before offering someone a job, the banking giant confirmed to CBS MoneyWatch. "Since The New York ...

will vet claims from several Wells Fargo employees that the banking company held fake interviews with women and people of color to record diversity efforts in its hiring practices for positions ...