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Wells Fargo can not shake his bad image. It can even get worse



Wells Fargo & Co.'s reputation may be even worse with some measures than at the peak of the fake account scandal in 2016.

The bank faces 91

per cent of negative consumer sentiment at the beginning of August said Mark Bachman, head of TickerTags at M Science, a web-based analytics platform. The company used proprietary algorithms to measure the percentage of positive and negative mentions on Twitter, excluding re-tweets and links, he said in an email to Bloomberg.

"Conversations on Twitter may contain direct references to news sources, but we have deliberately omitted mentions in which people are only news-tweeting or commenting on news-article links," Bachman says. "We've found that organic conversations are more likely Point out public awareness and sentiment versus re-tweets and link sharing. "

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M Science The analysis follows after Wells Fargo announced another round of defaults and potential scandals on August 3 and said it was facing a US investigation into low-income housing loan purchases and possibly knocked out 400 homeowners.

Wells Fargo is testing the patience of investors with new scandal details

The negative value of 91 percent is t's the highest since January 2012. The negative sentiment after Wells Fargos fraudulent account scandal reached a high of 74 percent in 2016

"Rebuilding trust in our team members, customers, communities, shareholders and regulators remains our top priority," said Wells Fargo Spokesman Peter Gilchrist in an email to Bloomb Erg. "As part of our work to transform Wells Fargo, we are committed to thoroughly investigating every part of our business, correcting the issues found, and getting things right for all our stakeholders."

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