With Stumpf Out As CEO, What's Next For Wells Fargo?

05:09

October 13, 2016

Now former Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the House Financial Services Committee investigating Wells Fargo's opening of unauthorized customer accounts, on Sept. 29, 2016. (Cliff Owen/AP)

Tim Sloan, former Wells Fargo chief operating officer, is the bank's new CEO.

He took the job this week after former CEO John Stumpf resigned, amid a massive scandal where thousands of employees created fake customer accounts without their consent.

Sloan has been at the bank for nearly three decades.

Here & Now's Jeremy Hobson speaks with business journalist Ali Velshi about what's next for the bank and its customers.

Guest

Ali Velshi, business journalist. He tweets @AliVelshi.

This segment aired on October 13, 2016.

With Stumpf Out As CEO, What's Next For Wells Fargo?

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