California Treasurer and gubernatorial candidate John Chiang turned up the heat on Wells Fargo CEO Tim Sloan, calling for the long-time veteran of the bank to resign.
Chiang sought Sloan’s resignation in a letter sent to the bank March 1 after Wells (NYSE: WFC) said four directors are retiring at this year's annual meeting in April.
The call wrapped up a tumultuous week for the bank's West Coast operations. The New York Times reported earlier this week the lender faces a whistleblower lawsuit…
