How Wells Fargo’s Regulators and Employees Drove Out its CEO

Reuters, Apr. 9, 2019–Imani Moise, Pete Schroeder
Tim Sloan’s departure was at least partly the result of the board’s conclusion that Sloan had failed to convince regulators that he could transform the bank and rally a staff that had low confidence in its leadership, according to a source with knowledge of the board’s thinking.