Wells Fargo Again Shuffles Retail-Bank Executives in the Wake of Its Scandal

Wells Fargo & Co. again shuffled the ranks in its retail-banking unit, continuing efforts to untangle the firm from the sales-practices scandal that erupted in September.

The San Francisco-based bank reorganized the regions in the western half of the U.S. and rearranged executive positions, according to a memo sent last week that was signed by retail-banking head Mary Mack and that was reviewed by The Wall Street Journal. Southern California and Arizona previously were cited as hot spots for the kind of aggressive…


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