OCC to Review Any CEO Pick From Wells Fargo, Doesn't Plan to Make Review Public -Reuters

Date : 05/15/2019 @ 6:58PM
Source : Dow Jones News
Stock : Wells Fargo & Company (WFC)
Quote : 45.9  0.34 (0.75%) @ 5:05PM

OCC to Review Any CEO Pick From Wells Fargo, Doesn't Plan to Make Review Public -Reuters

Wells Fargo (NYSE:WFC)
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   By Josh Beckerman 
 

--Comptroller of the Currency Joseph Otting said he will review any Wells Fargo & Co. (WFC) selection for its next chief executive, but won't make findings of its review public, Reuters reported Wednesday.

--The Reuters article said Mr. Otting's statement was part of a "heated exchange" that took place at a hearing before the Senate Banking Committee.

--The report said a Wells Fargo spokesman didn't immediately provide comment.

 

https://www.reuters.com/article/us-wells-fargo-ceo/u-s-bank-regulator-will-vet-next-wells-fargo-ceo-idUSKCN1SL27D

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 15, 2019 13:43 ET (17:43 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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