Federal regulator plans to vet Wells Fargo choice for next chief executive – Winston-Salem Journal – Rumor.cc

Wells Fargo & Co. projected Friday it would experience an overall $17 billion revenue loss if the U.S. economy were to go through a severe downturn during a 2-year period ending March 31, 2021.

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The federal regulator of Wells Fargo & Co. told a U.S. Senate Banking committee that it will vet the bank’s next chief executive. s senior leadership choice.” Plath said it’s likely that Sloan.

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Investment products and services are offered through Wells Fargo Advisors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.

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