September 13, 2021

“The OCC’s actions today point to work we must continue to do to address significant, longstanding deficiencies,” said Charlie Scharf, Wells Fargo’s fourth CEO in five years, in a statement Thursday. “Building an appropriate risk and control infrastructure has been and remains Wells Fargo’s top priority.”

CNN Business
September 13, 2021

“A hearing would be held Monday over three former Wells Fargo executives who have been accused of ‘material failures in risk management’.”

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