More trouble for Wells Fargo? Top execs take “leave of absence” amid ongoing investigations

More trouble for Wells Fargo? Top execs take “leave of absence” amid ongoing investigations
Wells Fargo’s troubles appear to be far from over. The once-impenetrable megabank announced Wednesday that two of its top executives are taking “leaves of absence” for an unspecified length of time and will no longer serve on the company’s operating committee. According to the bank, their leaves of absence are related to “previously disclosed ongoing reviews by regulatory agencies in connection with historical retail banking sales practices.”
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