Wells Phony Account Probe Brings CEO to Capitol Hill
Interactive Video
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Business, Social Studies
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University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the main issue that led to the firing of 5300 employees?
Creation of false accounts
Mismanagement of funds
Inappropriate customer service
Failure to meet sales targets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is expected to be one of the key figures questioning John Stumpf during the Senate hearing?
Senator Bernie Sanders
Senator Elizabeth Warren
Senator Ted Cruz
Senator Kamala Harris
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy of the bank is under scrutiny for its role in the scandal?
High-risk investments
Aggressive cross-selling
Digital banking initiatives
Customer loyalty programs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main topics lawmakers are expected to focus on during the hearing?
The bank's expansion plans
The bank's marketing strategies
The bank's environmental policies
Executive compensation and clawback
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key question regarding John Stumpf's knowledge of the fraudulent accounts?
What were his views on digital banking?
How did he manage customer complaints?
How did he plan to expand the bank?
When did he become aware of the issue?
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