Wells Fargo Revives Controversial Hiring Policy Amid Ongoing Federal Inquiry

Wells Fargo has reinstated its ‘diverse slate’ hiring policy, a controversial initiative that previously led to allegations of sham interviews for minority job candidates. The bank had temporarily paused the policy to conduct a thorough review and implement modifications, aiming to ensure genuine diversity in its recruitment processes.

The revival of this policy comes as federal prosecutors continue their criminal inquiry into Wells Fargo’s past hiring practices. Authorities are actively investigating whether the bank violated federal anti-discrimination laws through the alleged conduct of sham interviews, a scandal that drew significant scrutiny to the bank’s corporate culture.

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