Wells Fargo CEO Tim Sloan abruptly steps down

Wells Fargo CEO Tim Sloan abruptly steps down
Just over two weeks ago, Wells Fargo CEO Tim Sloan was subjected to a four-hour beating at the hands of Congress over the bank’s recent bevy of scandals, but Congress no longer has Sloan to beat up on. Wells Fargo announced Thursday that the embattled Sloan is relinquishing his post as CEO and president of the megabank and stepping down immediately.
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