NBC: Wells Fargo CEO John Stumpf Resigns

‘Chief operating officer Tim Sloan will become the new CEO’

"Over that scandal in banking giant Wells Fargo, the company's CEO,  John Stump, recently — or suddenly resigned on Wednesday amid mounting criticism from the public and members of Congress. Wells Fargo’s been under fire since last month when it admitted it created as many as 2 million phony bank and credit card accounts without customer permission." 

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