Wells Fargo To Pay Millions In Back Wages In Discrimination Charge

Wells Fargo faced accusations of discrimination against over 34,000 African-American job applicants and was fined by the US Department of Labor. The bank agreed to offer new job opportunities to 580 affected applicants. Additionally, over 300 female applicants faced discrimination. Although Wells Fargo did not admit liability, it highlighted that Hispanics had the highest selection rate due to the need for Spanish-speaking tellers. The company has since changed its hiring practices, including increased recruitment at historically Black colleges and universities.

What did Wells Fargo state about the selection rate of Hispanics?

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What changes did Wells Fargo implement in its hiring practices?

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