Description: Wells Fargo & Co. Chief Executive Officer Tim Sloan has said it to customers, shareholders, and employees. The bank ran television commercials to make sure nobody missed it. In October he flew to Washington to say it to Congress: He’s sorry for how the bank abused consumers.

Source: Bloomberg.com

Date: Mar 01, 2018

Link: https://www.bloomberg.com/news/articles/2018-03-01/does-wells-fargo-have-a-plan

Questions for discussion:

• Summarize what the report has to say about management’s actions at the bank?
• Do you think the problems have been solved sufficiently to satisfy investors and customers?
• What would you advise management do next?
• What would you advise investors?