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New Wells Fargo CEO has 'one-week window' to prove he's right choice, critic says

Scandal-plagued Wells Fargo & Co. opted to choose a longtime insider, Timothy Sloan, to replace John Stumpf after the embattled chief executive abruptly quit on Wednesday. But Sloan, who had been Well Fargo’s president, faces scrutiny as well. Critics say the bank’s entire top management oversaw...
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Wells Fargo CEO John Stumpf is retiring, effective immediately

Business & Finance : Business Insider: Clusterstock

Wells Fargo CEO John Stumpf is retiring, effective immediately. He'll be replaced by Tim Sloan, who has been with the bank for over 25 years. Stumpf has recently come under fire for a scandal in which bank employees opened 2 million...

Senator calls for Wells Fargo CEO to resign over sales scandal

Business & Finance : LA Times: Business

Lawmakers ripped into Wells Fargo & Co. head John Stumpf on Tuesday over the banking giant’s sales-practices scandal, with one senator calling on Stumpf to quit as chairman and chief executive. “You should resign,” Sen. Elizabeth Wa...

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, WFC, DB)

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Here is what you need to know. Wells Fargo's CEO is out. John Stumpf, the chairman and CEO of Wells Fargo, which has recently come under fire for a scandal in which employees opened 2 million credit and debit card accounts without c...

Morning Agenda: Wells Fargo C.E.O. Resigns, Snap Said to Hire Bankers

Business & Finance : DealBook

The fake accounts scandal that has plagued Wells Fargo has now taken down its chief executive, who will be replaced by the company’s president and chief operating officer.

The Wells Fargo scandal is far from over

Business & Finance : Business Insider: Money Game

Wells Fargo CEO John Stumpf on Wednesday retired in the face of a massive scandal that has dragged the bank down for over a month. Stumpf stepped down after the news that employees of the bank opened 2 million accounts in the name o...

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