Wells Fargo CEO tells investors he 'can't promise' bank won't find more problems

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Wells Fargo & Co. may not be finished finding problems with its banking practices, its CEO told an investor conference in New York City this week. CEO Tim Sloan said the company will be spending an "elevated" amount in the third quarter on outside consultants Wells Fargo hired to scrutinize its retail banking unit, where the company's bogus accounts scandal was discovered and disclosed last September. “We’ve been very focused on opening every drawer and turning over every rock in the company,”…
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