The fake accounts scandal at Wells Fargo widened as the bank reported it may have created up to 3.5 million retail banking accounts without customers’ authorization, a number well in excess of its previous estimate.†Source: http://ww2.cfo.com/banking-capital-markets/2017/09/wells-fargoreports-problem-accounts/, Accessed: 24 September 2017.
Required: Critically evaluate ways a company should balance its risk taking behaviour when developing its business strategy. [