A number of the world’s largest banks have suffered through major scandals over the past decade.
They have paid huge fines and faced other penalties. A number of bankers have even gone to prison. The most recent revelation involving a major bank, the creation of some two million bogus accounts by Wells Fargo (WFC) employees, has intensified the scrutiny over banking. Yesterday, the bank announced that its CEO John Stumpf would be taking early retirement.
