Wells Fargo Agrees To Strengthen Anti-Discrimination Policies

(Trenton, NJ) -- Wells Fargo Bank has agreed to strengthen its anti-discrimination policies following a harassment incident involving one of their employees in New Jersey. Acting Attorney General John Hoffman says the settlement stems from allegations that a bank employee at a Madison branch pressured a female loan applicant for sex. The woman told investigators the banker became verbally abusive after she rejected his alleged sexual advances and threatened to not process her loan. Hoffman says managers at the bank didn't properly handle the incident once it came to their attention. The employee was fired from the bank in 2011 over unrelated issues.