Wells Fargo & Co is overhauling its reporting lines, marking Chief Executive Off...
A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake
- Wells Fargo & Co is overhauling its reporting lines, marking Chief Executive Officer Charles Scharf’s first move to stamp out the structure implicated in its fake-account scandal, The Wall Street Journal reported on Tuesday. The bank plans to split its three business units into five, with its wholesale bank being split into a commercial bank that provides back-end services for companies, as well as a separate investment bank that focuses on capital markets, according to the report.Earlier in January, Goldman Sachs renamed its business units, and disclosed details about its consumer business responding to long-standing requests for more transparency from analysts and investors.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
WSJ News Exclusive | Charles Scharf Puts Stamp on Wells Fargo With Overhaul of Reporting LinesWells Fargo is overhauling its reporting lines, Chief Executive Charles Scharf’s first move to stamp out the structure implicated in its fake-account scandal.
Consulte Mais informação »
WSJ News Exclusive | Charles Scharf Puts Stamp on Wells Fargo With Overhaul of Reporting LinesWells Fargo is overhauling its reporting lines, Chief Executive Charles Scharf’s first move to stamp out the structure implicated in its fake-account scandal.
Consulte Mais informação »
Exclusive: Deutsche Bank taps U.S. tech companies for makeover - sourcesDeutsche Bank has invited bids from Microsoft, Google and Amazon to overhaul the...
Consulte Mais informação »
U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJA U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger...
Consulte Mais informação »
New Hampshire Primary 2020: What Time Polls Close and When to Expect ResultsNew Hampshire is the second nominating contest but the first traditional primary—and it has a long history of dramatic results.
Consulte Mais informação »
New Hampshire Democratic Presidential Primary -- Live Results and AnalysisBiden says “I think we could run Mickey Mouse” against Trump, Buttigieg is upbeat on his chances, and Bloomberg won a tiny community that is first to cast ballots in the state. Follow live analysis of the New Hampshire primary.
Consulte Mais informação »