American bank clerks were caught opening bank accounts without clients’ consent

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In attempts to hit their targets, employees of Wells Fargo, one of the largest American banks, have been caught opening about 2 million bank accounts without clients’ consent.

What’s more, the customers express their displeasure with an aggressive and impolite policy taken by the bank in order to push sales of financial products.

I remember the same practice in Hong Kong, when HSBC and Standard Chartered refused to open bank accounts for offshore companies, unless its Directors signed for cumulative insurance.