John Stumpf’s trip to Capitol Hill on Tuesday opens Wells Fargo’s sales practices—and the executive himself—to a fresh round of scrutiny.
The Wells Fargo chief executive has been called to testify before the Senate Banking Committee to discuss allegedly illegal sales practices at Wells Fargo. These led the bank to agree to a $185 million fine and enter into an enforcement action with regulators.
Mr. Stumpf has said he is…
Read the Full Article: Source – Wall Street Journal
Time For Truth: (Wall Street Journal) – Wells Fargo’s John Stumpf Takes Center Stage at Senate