Wells Fargo CEO tells lawmakers bank has ‘sense of urgency’
Charles Scharf told the House Financial Services Committee that the bank had a 'flawed business model' and that its 'culture was broken'
Wells Fargo & Co.’s new chief executive officer told lawmakers that the bank hasn’t done enough to turn itself around following a series of scandals and is now more focused than ever on fixing its problems.
“The sense of urgency within the company is very different today than it was fou
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