Wells Fargo provided an update on the progress the company has made and is making as part of its transformation to build a better, stronger company in a new progress report available on its website.
“While we have more work to do, we’ve worked hard over the past two years to address the root causes of our mistakes, make things right for team members and customers, and lay the foundation for a better company,” said Wells Fargo President and CEO Tim Sloan. “We are making strong progress in our efforts to rebuild trust and transform as we work to become the most customer-focused, efficient, and innovative Wells Fargo ever. We care deeply for all our stakeholders and are committed to building a better Wells Fargo for the future.”
The report details the actions the company has taken during the last two years, including, among other things:
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