‘Deeply Sorry’ Stumpf Says Wells Fargo Too Slow to Tackle AbusesBy and
CEO doesn’t address clawbacks in prepared remarks for hearing
Lawmakers may seek more repurcussions for managers: analyst
Wells Fargo & Co.’s John Stumpf, struggling to quell a scandal and demands for management accountability, plans to tell lawmakers Tuesday the bank failed customers and the public by reacting too slowly to signs employees were opening millions of unauthorized accounts.
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