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Wells Fargo was reeling from scandal. Jamie Dimon protégé Charlie Scharf bet his career on saving the 173-year-old bank
Summary by Fortune
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Wells Fargo was reeling from scandal. Jamie Dimon protégé Charlie Scharf bet his career on saving the 173-year-old bank
The document, Charlie Scharf recalls, was 3,162 pages. It included 6,000 tasks; 28,000 people worked on it. This staggeringly long volume was the plan to save Wells Fargo, forged by Scharf and his team shortly after he took over as CEO in October 2019. At the time, Wells had been laboring under a regulatory crackdown unleashed by the cataclysm that blackened the formerly burnished Wells name, the heavily publicized scandal revealing that the ba…
·New York, United States
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