Investment Banking

Wells Fargo fires staff for ‘simulation of keyboard activity’

The banking industry is taking a tougher line on working from home

Wells Fargo’s crackdown follows new tougher regulations on home working from a US regulator Smith Collection/Gado/Getty Images
Wells Fargo’s crackdown follows new tougher regulations on home working from a US regulator Smith Collection/Gado/Getty Images

Wells Fargo has fired a string of staff for simulating keyboard activity to make it look as if they were working.

Wells Fargo said the staff were dismissed last month, according to filings with US regulator the Financial Industry Regulatory Authority.

WSJ Logo