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Mary
Mack, who took over the retail banking unit in July, wrote in a
memo on Tuesday that she was reorganizing groups within the
business to expand its focus on about 6,000 branches across the
U.S., the WSJ reported.
Wells Fargo had estimated in September that up to 2.1 million
customers may have had checking and credit card accounts opened
in their names without their permission over a period of several
years.
Thousands of employees were fired due to customer abuses, which
stemmed from aggressive sales targets implemented by managers.
Wells' then-CEO John Stumpf abruptly left the bank because of
the scandal.
Wells Fargo could not be immediately reached for comment.
(Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by
Martina D'Couto)
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