The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are investigating Wells Fargo’s diversity hiring practices after an explosive article from The New York Times alleged that the bank held fake interviews with “diverse” candidates.
The article, which was published in May, claimed that an internal policy that required managers to interview diverse candidates for some jobs led to a series of fake interviews with women and non-white applicants for positions that were already filled.
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