Re:Wells Fargo to pay $3.7B settling charges it wrongfully s...
by kelseyfrog on Tuesday December 20, 2022 @03:42PM
(#34072229)
I don't consider size to be the primary determiner of how banks operate re: good or bad. I consider the ownership model to primarily determine incentives and behavior. They are, of course, are not uncorrelated, but rather when attributing primary cause, I see credit unions incentives aligned with their clientele because they are one and the same. Whereas banks have a larger discrepancy between owners and customers.
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