Wells Fargo chief executive John Stumpf will be in the hot seat next week on Capitol Hill, where members of the Senate Banking Committee will press him over a sales scheme in which regulators said thousands of employees secretly opened accounts and enrolled customers in new services without their permission.
September 13, 2016 at 11:24 PM
1 minute read
Lawyers from Proskauer Rose represented Wells Fargo in litigation over the sales scheme in Los Angeles federal district court. But it was not immediately clear Tuesday who will accompany Stumpf at the hearing next week.
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