Monday, September 30, 2019

Incoming Wells Fargo CEO: 'I certainly didn't anticipate this opportunity coming along'

Incoming Wells Fargo & Co. (NYSE: WFC) CEO Charles Scharf has a long road ahead to fix the bank’s regulatory woes, stemming from a scandal where up to 3.5 million unauthorized accounts were uncovered in late 2016, but he remains bullish on the outcome of that work. Although he doesn’t discount the company’s issues, Scharf seemed confident in the bones of each line of business. “The franchises are extraordinary, and the performance of the company over a long period of time was exceptional. That…



from https://www.bizjournals.com/baltimore/news/2019/09/30/incoming-wells-fargo-ceo-i-certainly-didnt.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/188043311197

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