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Wells Fargo Braces For More Negative Headlines

  • CNBC, Wednesday, August 23, 2017 8 AM

Wells Fargo CEO Timothy Sloan said that forthcoming results from the bank's review of its consumer sales scandal could cause more negative attention. Sloan also said that "within a few weeks" the bank will announce the completion of an expanded review by a third party of the fake consumer accounts workers had opened. They were pressured by aggressive sales goals, a practice Wells Fargo has since ended.

 

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