Wells has been revamping its wealth business and shrinking its mortgage unit under Charlie Scharf.
Change is hard — just ask Charlie Scharf, CEO of Wells Fargo.
And for every scandal Wells Fargo has put behind it, a new one seems to crop up.
Wells Fargo has fired dozens of loan officers accused of misusing appraisal waivers.
Wells Fargo CEO Charlie Scharf has called the change in leadership at the bank a 'dramatic change.'
Persons:
Wells, Charlie Scharf, Scharf, He's, Wells Fargo, Abbot Downing, Goldman Sachs, pare, Fannie Mae, Freddie Mac, Read, —
Organizations:
Federal, Wells Fargo Advisors, JPMorgan, Federal Reserve, Bloomberg, New York Times, Wells
Locations:
Wells Fargo, San Francisco, Wells