Los Angeles Times

At Senate hearing, Wells Fargo CEO to vow reforms well underway following accounts scandal

Wells Fargo Chief Executive Timothy Sloan is expected to tell a Senate committee Tuesday that the San Francisco bank has made substantial progress in reforming itself following its accounts scandal.

Sloan will testify before the Banking Committee following the one-year anniversary of the disclosure that bank employees, trying to meet onerous sales goals, created millions of accounts without customer permission.

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