Wells Fargo is re-shuffling the deck after a huge scandal last year left the bank playing 52-card pickup. Under the watch of the former head of the retail business, Carrie Tolstedt, employees created as many as 2.1 million fake accounts in customers’ names to meet aggressive sales goals.
The San Francisco-based bank has since replaced Tolstedt with Mary Mack as head of the retail business and is now reassigning four executives to report directly to Mack.