Sep
19
Wells Fargo’s CEO Defends His Main Street Legacy to Congress
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Wells Fargo CEO has worked to separate bank from Wall Street
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Sen. Brown says Wells didn’t do the right kind of management
John Stumpf tried to quit Washington’s Wall Street club.
Last year the long-time leader of Wells Fargo & Co., who sees himself as the quintessential banker to Main Street, wanted to underscore his firm’s distance from the Goldmans and Morgans of global finance, according to people familiar with his thinking. So he resigned from the Financial Services Forum, the industry’s exclusive inside-the-Beltway lobbying association made up of the largest bank CEOs…
Wells Fargo’s CEO Defends His Main Street Legacy to Congress
