Wells Fargo CEO Tim Sloan talks to employees in November during a town-hall meeting in Des Moines, Iowa. Sloan serves on Wells Fargo’s board as the only non-independent director. In the wake of a sales scandal, the bank’s independent directors have hired a high-powered lobbying firm – an unusual move for the board of a public company.
Wells Fargo CEO Tim Sloan talks to employees in November during a town-hall meeting in Des Moines, Iowa. Sloan serves on Wells Fargo’s board as the only non-independent director. In the wake of a sales scandal, the bank’s independent directors have hired a high-powered lobbying firm – an unusual move for the board of a public company. Courtesy of Wells Fargo
Wells Fargo CEO Tim Sloan talks to employees in November during a town-hall meeting in Des Moines, Iowa. Sloan serves on Wells Fargo’s board as the only non-independent director. In the wake of a sales scandal, the bank’s independent directors have hired a high-powered lobbying firm – an unusual move for the board of a public company. Courtesy of Wells Fargo
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Bank Watch

News and notes on Charlotte's banks and the financial industry

Wells Fargo’s board raises eyebrows with hiring of powerful lobbying firm

February 22, 2017 7:30 AM

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