Work to revamp Wells Fargo & Co. (NYSE: WFC) continues two-and-a-half years after the infamous fake accounts scandal erupted.
Tim Sloan, now former-chief executive at Wells Fargo, addressed some of what went wrong at the bank as the keynote speaker at the World Affairs Council of Charlotte luncheon on Thursday. He chalked it up to two main areas: a sales incentives plan that went off the rails and a management team that didn’t listen to its employees.
Wells Fargo uncovered problems across multiple…
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Alfred Serrano 