Wells Fargo CEO sorry for 'insensitive' comments on race
Wells Fargo CEO sorry for 'insensitive' comments on race

New York (AFP) – Wells Fargo’s chief executive apologized Wednesday over remarks that blamed the bank’s mostly-white operating leadership on a lack of available black talent as the embattled lender sought to quell a public uproar. Charles Scharf, who was installed about a year ago as CEO to turn around the bank following a fake accounts scandal, told employees he was sorry following news reports spotlighting Scharf’s statements in June in the wake of racial justice protests.”I apologize for making an insensitive comment reflecting my own unconscious bias,” Scharf said in a statement.”There are…

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