Subscribe to our mailing list

* indicates required

 

 

 

 

BROWSE BY TOPIC

ABOUT FINANCIALISH

We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.

 

Stay Informed with the latest fanancialish news.

 

SUBSCRIBE FOR
NEWSLETTERS & ALERTS

FOLLOW US

Features/Scandals

WELLS: Aftermath of CEO John Stumpf's Resignation

October 12, 2016

Sen. Elizabeth Warren Goes on Tirade After Wells CEO Retires.  Warren said former Wells Fargo CEO John Stumpf needed to do more in the wake of a sales scandal

CEO John Stumpf Offered Up as Political Sacrifice to Beltway Gods.   The political class got its 2nd ritual sacrifice for the sins of Wells Fargo with the resignation of Chairman and CEO John Stumpf;  he had already forfeited $41mn in unvested equity grants.

Wells Fargo Still Needs to Admit Its Fundamental Error.   Replacing Stumpf with President and COO Timothy Sloan appears to strike the right balance between fresh thinking and reassuring continuity. At the same time, Sloan now faces a strengthened, more independent board of directors.
WFC: Once Golden Child of Banking Industry.     For years Wells Fargo was the golden child of the banking industry, cultivating an image as a folksy outsider focused on plain-vanilla lending rather than complicated Wall Street products.