Wells Fargo — which in recent years has admitted to systematically ripping off customers with fake accounts, hidden fees and a variety of unwanted and unnecessary financial products — didn’t follow that law.
Reading an article like this, you might think you would be better off with BofA or Citibank or Chase, but that’s not the case. They are all the same — constrained by a banking culture and a regulatory regime that forces them to all be the same.
Everyone who works in the media industry knows that will happen -- and I know some people who work in that industry. Even teenagers do this on social media all the time, based on an instinctive understanding of social status.
Take it or leave it, or even better, provide a rebuttal with real evidence rather than a childish emotional response!
The relative status ye. But the absolute status of banks as a group decline.
E.g. used cars salesmen. A honest one's reputation are ruined from the moment they open the store due to bad actors.
Yet somehow smaller banks and credit unions don't have this problem. I've not had any issues like this with my Schwab checking account.
I can prove it didn’t rain yesterday where I live.