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What type of technology deployment will Wells Fargo announce by end of 2024?
5
Resolution / Starting Odds
New monitoring software • 33%
Enhanced existing software • 33%
No new technology announced • 34%
Public announcements from Wells Fargo
Story
Wells Fargo Fires Over a Dozen Employees in June 2024 for Faking Work Activity
Jun 13, 2024, 01:45 PM
In June 2024, Wells Fargo terminated more than a dozen employees after an investigation revealed they were simulating keyboard activity to give the impression of active work. The employees, all from the firm's wealth- and investment-management unit, were found to be using methods such as mouse movers to fake their work activity. This action was reported in a Finra filing and highlighted by Bloomberg's Hannah Levitt.
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Similar markets
New trading platform • 33%
Enhanced security measures • 33%
Both • 34%
Increased armed security • 33%
Advanced surveillance systems • 33%
Employee training programs • 34%
Related to remote work practices • 33%
Related to financial misconduct • 33%
Other reasons • 34%
More terminations • 33%
Policy changes • 33%
No major changes • 34%
Outperform S&P 500 • 33%
Match S&P 500 • 33%
Underperform S&P 500 • 33%
Implemented advanced AI solutions • 25%
Implemented blockchain technologies • 25%
Enhanced existing security measures • 25%
No new technologies implemented • 25%