div > div.group > p:first-child"> Shares of Wells Fargo jumped more than 3 percent after market close Thursday following news that the bank's CEO Tim Sloan is retiring. Sloan was under pressure to step down, especially from lawmakers like Sen. Elizabeth Warren. The bank's general counsel Allen Parker will take over as interim CEO and president.
Shares of RH, parent company of Restoration Hardware, plummeted more than 17 percent in extended trading after releasing mixed fourth-quarter results. The home furnishings company lowered its 2019 revenue guidance to a range of $2.585 billion and $2.635 billion, down from its previous range of $2.72 billion to $2.82 billion. The company cited weakness in its core business after the fourth-quarter market volatility and negative trends in the high end housing market.
Source: News Formal (newsformal.com)
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Wells Fargo CEO Out, Stock RisesThe CEO of Wells Fargo is stepping aside as a massive phony account scandal continues to plague the bank I wonder what his payout is... Sports1Business WellsFargo Shameful
Source: Forbes - 🏆 394. / 53 Read more »
Elizabeth Warren on Tim Sloan leaving Wells Fargo: 'About damn time'The Massachusetts Democrat has previously called for the ouster of Wells Fargo's CEO She’s a hypocritical, hectoring shrew... f e w Angry radical
Source: CNBC - 🏆 12. / 72 Read more »
Watch the CEOs of Wells Fargo and Mastercard discuss payments and the future of bankingWells Fargo's Tim Sloan and Mastercard's Ajaypal Banga discuss payments and the future of banking at the Fintech Ideas Festival.
Source: CNBC - 🏆 12. / 72 Read more »
Wells Fargo, Mastercard CEOs say blockchain has yet to live up to the hypeWells Fargo CEO Tim Sloan says the reality of blockchain has yet to catch up to the hype. neither has Wells Fargo How and why is Wells Fargo still in business? 🤦🏻♀️
Source: CNBC - 🏆 12. / 72 Read more »
Wells Fargo CEO Tim Sloan retiring, shares jumpHe should be in jail Outright theft Speaking from experience with fake accounts set up by Wells Fargo on my behalf That’s not going to get me back to Wells Fargo. They lost me as a customer forever. According to equilarinc data, CEO Tim Sloan made over $150 million at WellsFargo. Read more here:
Source: CNBC - 🏆 12. / 72 Read more »
Wells Fargo CEO Timothy Sloan Will Step DownWells Fargo said CEO Timothy Sloan will step down immediately and retire from the company June 30; the bank's general counsel will be interim CEO Timothy is stepping down why? Ut ooooooh srubenfeld What happened?
Source: WSJ - 🏆 98. / 63 Read more »
Wells Fargo CEO Tim Sloan is retiringWells Fargo CEO Tim Sloan is retiring. He will also be stepping down as president and a member of the board. Tim Fargo is stepping down
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wells Fargo CEO Tim Sloan to step down immediatelyTim Sloan, a 31-year veteran of the company, has spent years apologizing for the bank’s bad behavior and attempting to rebuild its reputation with customers, regulators and lawmakers. That was not enough for the bank's critics. WellsFargo has sucked for about 20 years. They are in need of a major overhaul. Maybe should be closed completely at this point. Violation after violation. He better not get a golden parachute It‘s about time
Source: washingtonpost - 🏆 95. / 72 Read more »
Wells Fargo CEO Tim Sloan is retiring as bank struggles to get past scandalsTim Sloan took over as Wells Fargo's chief executive in 2016 after former CEO John Stumpf resigned amid the controversy over the creation of millions of accounts without customer authorization. hmmmmmmm…..this isn't usually how big 5 leadership changes take place. and let me guess, not going to jail? AOC had Tim so shook he had to retire.
Source: latimes - 🏆 11. / 82 Read more »
Wells Fargo CEO Tim Sloan to step downWells Fargo & Co. said late Thursday Chief Executive Officer and President Timothy J. Sloan has informed the company's board he is retiring on June 30... Lol. lol. alright
Source: MarketWatch - 🏆 3. / 97 Read more »