A labor-backed group is stepping up pressure on Wells Fargo & Co to add an employee to a council that has the ear of the bank’s board and management, arguing workers deserve a voice as Wells Fargo works to get past a damaging scandal over sales practices.
This raises the sensitive issue of how much of a voice the fourth-largest U.S. bank is prepared to give to its roughly 265,000 workers, some of whom were excessively pressured by managers to sell products to customers, and whose support the bank may need to repair relations with U.S. regulators.
