Gillian Tan, Columnist

The Wells Fargo Clean Sweep

New voices and new ideas are just what the lender needs.

April 10, 2017 at 11:30 AM UTC

Updated on

April 10, 2017 at 4:18 PM UTC

Gillian Tan is a senior reporter covering finance and alternative asset classes including real estate, infrastructure, private equity, private credit, venture capital and sports business. She previously wrote an opinion column for Bloomberg and was a reporter at the Wall Street Journal. She is a qualified chartered accountant.

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Wells Fargo shareholders should prepare to make history.

I've written before that the bank's board of directors could use a shake-up after a retail-banking scandal that has cost the lender more than just a $110 million settlement with customers and a separate $185 million settlement with federal regulators and the Los Angeles city attorney’s office.