News Formal

Wells Fargo names 'chief accountability officer' of consumer bank - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Ireland News News

Wells Fargo is moving a wealth exec into its scandal-plagued consumer bank to fill a new 'chief accountability officer' role

and start reading now.

The new role comes as chief executive Charlie Scharf and bank officials Elizabeth Duke and James Quigley are set to testify before the House Financial Services Committee next week.

With her seat open, the firm's wealth operations are now looking to fill at least two senior leadership roles. It's also looking for a new CEO of wealth and investment management after last monthBarney will report to David Kowach, the head of Community Banking, which the firm has renamed Branch Banking. Kowach was the head of Wells Fargo Advisors until July 2019.'s wide-reaching sales practice scandal that first came to light four years and two chief executives ago.

Investigators have also fined Wells Fargo Advisors, a subsidiary of the bank and one of the largest US wealth managers with $1.6 trillion in assets under management, for a lack of employee oversight.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can I get a job WellsFargo

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global markets should 'calm down' on coronavirus panic, WHO chief said - Business InsiderWHO director says there's a need to prepare for a 'pandemic' but global markets should 'calm down' as coronavirus wreaks havoc on the global economy 6 reason Why Some People Are More 'Lucky' Fuck economic globalization The world in chaos and there's an incurable disease that's spreading like wild fire and you're like
Source: BusinessInsider - 🏆 729. / 51 Read more »

PRESENTING: Top apps, books, habits, and podcasts for small businesses - Business InsiderThe finalists of Amazon's small business of the year awards told us what apps, books, habits, and podcasts help them be better entrepreneurs.
Source: BusinessInsider - 🏆 729. / 51 Read more »

American Express employees pushed small businesses to boost card sales - Business InsiderThe Wall Street Journal reported that AmEx employees sometimes conducted credit checks and issued cards without customers' consent. blah blah
Source: BusinessInsider - 🏆 729. / 51 Read more »