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Wells has been revamping its wealth business and shrinking its mortgage unit under Charlie Scharf. Change is hard — just ask Charlie Scharf, CEO of Wells Fargo. And for every scandal Wells Fargo has put behind it, a new one seems to crop up. Wells Fargo has fired dozens of loan officers accused of misusing appraisal waivers. Wells Fargo CEO Charlie Scharf has called the change in leadership at the bank a 'dramatic change.'
Persons: Wells, Charlie Scharf, Scharf, He's, Wells Fargo, Abbot Downing, Goldman Sachs, pare, Fannie Mae, Freddie Mac, Read, Organizations: Federal, Wells Fargo Advisors, JPMorgan, Federal Reserve, Bloomberg, New York Times, Wells Locations: Wells Fargo, San Francisco, Wells
Here are five proven, data-based changes that could make a difference, and two approaches that don't seem to work, according to Campaign Zero. Track complaints about officers' use of forceMost complaints against officers aren't public, making them hard to track. These changes, along with requiring departments to report and publish online data on all uses of force, could reduce police violence. Body cameras are another method that haven't been proven effective when it comes to excessive force instances. Research has even shown that 93% of prosecutors' offices have used body cameras mostly in cases against citizens, not against police.
But according to bestselling management author and CNBC contributor Suzy Welch, most real-life terminations look nothing like the ones on TV. CNBC Contributor Suzy Welch"There's rarely boardroom drama or a public display," Welch tells CNBC Make It. If your manager uses one of the following three phrases, Welch warns you might be about to get fired. "The minute a boss asks you to document anything," Welch says, "they are stuffing your folder to facilitate your termination process." "The minute you have trained professionals in the middle of conversations with your boss or colleagues, think 'divorce attorney,'" she says.
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