John Stumpf, CEO and co-chairman of Wells Fargo, has decided to leave both posts, reports the Wall Street Journal. This unsurprising turn of events is in response to a months-long scandal over unethical business tactics. Recently, Stumpf agreed to forgo his salary and the bank agreed to pay a $185 million settlement. Even still, the call for more action persisted: Last month Elizabeth Warren outright called for Stumpf’s resignation.
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