Warren says Fed must break up 'repeat offender' Wells Fargo
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Wells Fargo (WFC) Affirms Focus on Building Strong Risk and Control Foundation Following Criticism from Warren
September 14, 2021 11:17 AM EDTServing customers with the highest standards requires a strong risk and control foundation. Thats why meeting our own expectations for risk management and controls as well as our regulators remains Wells Fargos (NYSE: WFC) top priority. We are a different bank today than we were five years ago because weve made significant progress.
Specifically, since 2019, we have:
Split three business groups into five... More