https://www.reuters.com/article/us-usa-wellsfargo-occ/u-s-bank-regulator-to-review-wells-fargo-pick-for-chief-executive-idUSKCN1SL21A
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I'm looking around the office today & all I see are lazy turds. Nothing has improved.
Let’s not kid ourselves, the OCC is telling the board who they will hire.
The OCC should review all current execs and board members and cut them loose if they're not fit.
WASHINGTON (Reuters) - The Office of the Comptroller of the Currency (OCC) will evaluate Wells Fargo’s pick for its next chief executive, the regulator told Congress on Wednesday.
Joseph Otting, the regulator’s top official, said the agency would review the bank’s pick, but that he did not plan to make those findings public.
At a congressional hearing, Otting added that the OCC remains disappointed by the bank’s efforts to address a range of scandals across its business lines.
Well that should have a few complacent bigwigs shaking in their $1000 shoes.