Wells Fargo CEO apologizes for remark about lack of diverse talent

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Wells Fargo CEO Charles Scharf apologized for ‘making an insensitive comment reflecting my own unconscious bias,’ following a Reuters report that he’d exasperated some Black employees in a Zoom meeting this summer

FILE PHOTO: Wells Fargo CEO Charlie Scharf testifies before a House Financial Services Committee on Capitol Hill in Washington, U.S., March 10, 2020. REUTERS/Carlos Barria/File Photo

Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates.He also made the assertion in a company-wide memo June 18 that announced diversity initiatives as nationwide protests broke out following the death of George Floyd, an unarmed African-American man, in police custody.

 

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Just another reason why I won't do business with Wells Fargo

When he made comment, he probably had Put Option on his WF stocks for the next trading day!

In this country you have to apologize for telling the truth, not a healthy situation. In Baltimore zero black students are proficient in math. In California 75% of black boys don't meet the state's reading standards. Obviously the pool of 'black talent' is inevitably smaller.

So now people can’t tell the truth anymore...got it

This banking crime syndicate has had 3 CEOs in as many years . Who are these guys that choose one” insensitive” asshole after another. Wouldn’t trust this lawless mob show with a dollar of my - hard earned money .

That’s so strange, I don’t see mention of his resignation in that statement. He should try again.

But are there enough qualified candidates from minorities?

Sometimes the truth hurts tho

RESIGN 🐷

'unconscious bias' Oh, it was fully conscious. And more than 'insensitive.'

He needs to Go.....

I’m sue it was sincere. His original racist comment, that is. FireWellsFargo

very nice Wells Fargo😡😡 it looks like every CEO is corrupted in this company I cant believe why they still on business ENOUGH IS ENOUGH something needs to be done their ethics every year goes backwards.

Nope...

Hypocrite! Hipócrita! 偽善者! Heuchler! лицемер! 伪君子! and in all languages.

sounded pretty conscious to me

society needs you to hire black ppl, not talented ppl 🤣

He's apologizing for your headlines. 'Unconscious bias' does not exist. Let's see him put action behind his apology. How is he going to prove that his apology is insincere? I have 2 mortgages with his bank and am ready to move them to a Black owned bank. WellsFargo BLM

That was no apology.

Geezer white guy CharlesSharf on the WellsFargo racism apology tour. How mamy times have you seen it. 'My remarks were insensitive & don't reflect. . .' blah, blah, blah. Pretty sure billions in fines were racked up exclusively by white employees.That's the talent pool at WF!

He said what he believes.

Is “group think” preventing us from recognizing a problem and attempting to correct it regarding an educational issue for minorities?

The US Capitalist system can't be fixed by nothing short of 1000 Ryder trucks full of Ammonium Nitrate and fertilizer.

Wells Fargo gonna Wells Fargo

“Didn’t mean to lay my racism out so clearly.”

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Exclusive: Wells Fargo CEO ruffles feathers with comments about diverse talentWells Fargo & Co Chief Executive Charles Scharf exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there was not enough qualified minority talent, two participants told Reuters. People got offended over him stating a fact. You can have the paper credentials, but lack talent. Lack ability to apply the credentials. Habitat4Humilty Now do pro sports, Mr Ken Bacon where is the lie tho?
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