Two Wells Fargo executives begin ‘leave of absence’ as investigations continue


Two top executives at Wells Fargo & Co. (NYSE: WFC) are on leaves of absence in light of ongoing investigations into fraudulent sales practices at the bank.

Hope Hardison, chief administrative officer, and David Julian, chief auditor, were asked to go on leave and step back from their roles on the Operating Committee. Wells Fargo declined to confirm if they are still employed with the bank.

“Because of the depth of our management team, we are confident in our ability to ensure an effective transition,”…

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