The exterior of a Wells Fargo Bank in Palo Alto, Calif.
The exterior of a Wells Fargo Bank in Palo Alto, Calif. Paul Sakuma AP
The exterior of a Wells Fargo Bank in Palo Alto, Calif. Paul Sakuma AP

Wells Fargo expects to cut jobs in new efficiency push

April 13, 2017 12:14 PM

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  • Wells Fargo CEO: We should have done more sooner

    Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail banking business," Stumpf said.