March 26, 2021
At What Cost? Six Months to Get Refund Check from Wells Fargo
Wells Fargo, America’s fourth-largest bank and Minnesota’s second largest, has been facing major challenges in recent years. Chief Executive Charles Scharf was hired in October 2019 to restore the bank’s tarnished reputation, but his problems have since multiplied (“Wells Fargo CEO Finds Himself on Defense,” by Ben Eisen, October 9, 2020, Wall Street Journal).
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