NY (Reuters) – Wells Fargo & Co’s board has retained search that is executive Spencer Stuart to search for a brand new leader, preferably a female who is able to tackle its regulatory and general public perception problems, two different people knowledgeable about the problem said.
Wells Fargo’s aspiration in order to become really the only major U.S. bank with a lady CEO underscores the necessity to restore a wide range to its image of constituents, including clients, investors, regulators and politicians, after it became mired in a scandal in 2016 for starting possibly an incredible number of unauthorized reports. Continue reading
