Bank exec who reportedly referred to female colleagues as "girls" to retire

CBS Moneywatch ^ | November 9, 2018, | Kate Gibson

[ConservativeStatement]

A Wells Fargo executive who reportedly referred to women bank employees as "girls" or told them to put their "big girl panties on" will step down next year.

Without addressing claims made against him, Wells Fargo confirmed that private bank head Jay Welker would retire effective March 31. His coming retirement was first reported by the Wall Street Journal, which cited an internal memo.

A complaint against Welker was part of a larger internal investigation into allegations of discrimination by female executives in Wells Fargo's wealth management unit, the newspaper said. The bank spent months interviewing dozens of women after complaints were made of failure to promote and systemic belittling of female executives, according to the Journal.

[dfwgator]

“Waaaah! He called us girls!! Waaaah!” - Grown women

Then turn around and say, "You go, girl!"