Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace
- Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men and tolerated an"unapologetically sexist" workplace.
She said she expressed frustration at missing out on large accounts, but was told her mostly male group thought of her as a mere"second income" for her husband. Last November, Citigroup was sued by managing director Ardith Lindsey, who said the third-largest U.S. bank tolerated a"notoriously hostile" work culture where a former top equities banker subjected her to sexual harassment and death threats.
These scandals led to billions of dollars in fines, the toppling of two chief executives, and a still-existing Federal Reserve cap on assets that limits the bank's growth.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Costco gold and silver sales 'seem to have grown considerably': Wells FargoCostco Wholesale got into precious metals sales last year with gold bars and, according to a Tuesday research note from Wells Fargo, those may have picked up quite a bit since then.
Read more »
'Smart move': What's going on with Costco's gold bars strategy'It only reinforces its value position,' Wells Fargo said.
Read more »
Tuesday's analyst calls: Wells Fargo gets a downgrade, legacy tech stock to pop 20%A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls.
Read more »
Aramark strike: Workers at Wells Fargo Center to hit picket lines for one-day work stoppageUnion members including cooks, servers, bartenders, concession workers and more argue their wages and benefits are not keeping up with inflation.
Read more »
Wells Fargo Center receives new exterior lighting upgradesPhiladelphia's Wells Fargo Center, home of the Flyers and 76ers, now features new LED board and custom lights.
Read more »
Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimatesGold has turned into money for Costco, where yellow-metal sales begun last year have turned into a cash cow for the big-box retailer.
Read more »