Ex-(Fortune 500 Bank) employees allege ‘extreme pressure' to sell credit cards
American Banker article published August 27th, 2020
“Bryant’s problems with her employer began when Robert Disanto took over as her supervisor in June 2018, according to her lawsuit. Disanto was a (Fortune 500 bank) regional executive whose territory covered Oregon and much of Washington state.”
“Bryant was also the recipient of emails in late 2019 that included branch-based employees’ answers to questions that focused on why the workers had not made more credit card sales.”
Former employee sues (Fortune 500 bank) for wrongful termination and sexual discrimination, alleges unethical sales practices
The Oregonian/OregonLive | Updated Feb 29, 2020; Posted Feb 29, 2020
(Fortune 500 Bank)Corporate Rap Sheet
Click on the title above to view the article updated August 1st, 2020
Click “Read More” below to be taken to The Oregonian article
Too Crooked to Fail
Click on the link above to review the Rolling Stone article written about how (Fortune 500 bank) has defrauded everyone from investors and insurers to homeowners and the unemployed.
So why does the government keep bailing them out?
Click “Read More” below to be taken to The Oregonian article
CFPB investigating (Fortune 500 bank) over phony accounts
American Banker article published September 17th, 2019
“The CFPB investigation of (Fortune 500bank) was first reported Tuesday by Bloomberg Law;
The Consumer Financial Protection Bureau is investigating whether (Fortune 500 bank) also violated federal law by opening credit card accounts without customer authorization.
In one of the newly posted documents, a lawyer for (Fortune 500 bank) acknowledged that the bank found specific instances of what he called “potentially unauthorized credit card accounts…”
(Fortune 500 bank)Disconnect on Racial Inequality
Article published June 19th, 2020
“(Fortune 500 bank) pledged to donate over the next four years to community programs and small businesses to address economic and racial inequality ..: $1 billion
Amount in profit (this company) made in 2019 alone: $27.4 billion
Amount the company agreed to pay in 2011 to settle charges that its Countrywide subsidiary had discriminated against non-white customers by charging them higher fees and interest rates during the housing boom: $335 million
Amount the company was fined in 2013 for discriminating against black job candidates for over two decades: $2.2 million “
(Fortune 500 bank) Pays Black Job Applicants Over 2M For Discrimination
A quick 1 minute recap of how this company was forced to pay over 1100 black job applicants over 2M for discriminating against them during the job application process.
Fortune 500 bank Ordered to Pay 335M For Racial Bias
Though this is from 8 years ago, nothing has changed. I can say from my personal experience that when this company bailed out Countrywide- that is when the toxic workplace, discrimination, and horrible sales pressure began. It’s my understanding (go ahead and fact check) that when this company bailed out Countrywide, they let go of the (Fortune 500 bank) executives (or demoted them/moved them into less influential positions) and kept the CW executives- the same executives that were responsible for the unethical culture at Countrywide.
Racial Profiling at (Fortune 500 bank)
A simple search in Youtube will bring up many examples of discrimination at this company. Here is one.
“We must always take sides.
Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented.”
Elie Wiesel