The former Federal Reserve governor who led Wells Fargo’s board as the bank tried to reform itself has stepped down, bowing to pressure from Washington over the company’s stumbling efforts to fix deceptive consumer practices that brought it billions in fines.
from The Boston Globe https://ift.tt/2TA4DUC
Michael J. de la Merced
The former Federal Reserve governor who led Wells Fargo’s board as the bank tried to reform itself has stepped down, bowing to pressure from Washington over the company’s stumbling efforts to fix deceptive consumer practices that brought it billions in fines.
https://ift.tt/eA8V8J March 10, 2020 at 01:53AM
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