Wells Fargo & Co. reinstates diverse hiring guidelines after formal review


Wells Fargo & Co., whose brokerage unit Wells Fargo Advisors is based in St. Louis, said Monday that it will reinstate guidelines to interview diverse candidates as part of the company's diversity efforts Aug. 19.

The San Francisco financial services business suspended the guidelines in June after the New York Times reported that it was interviewing nonwhite and female candidates for positions that were already filled just to meet the bank’s diversity requirements.

“We are recommitting to our…

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