Oct
12
Ousting Chief Isn’t Enough to Right Wrongs at Wells Fargo
ByJohn G. Stumpf’s departure from Wells Fargo was inevitable, but it came quickly.
The Wells Fargo chairman and chief executive’s “retirement,” announced Wednesday evening, clears the way for his successor to fix the culture that led to millions of fake accounts being opened. Along with the $228 billion lender’s board, though, his successor, Timothy J. Sloan, has to show he can break with the past…
Ousting Chief Isn’t Enough to Right Wrongs at Wells Fargo
