As if Wells Fargo has not been through enough reputationally, it took another blow in August when president Trump, seeking insight on the health of US consumers in the midst of the stock crash, called Jamie Dimon, Mike Corbat and Brian Moynihan for their opinion, according to press reports.
Wells Fargo is the US’s third-largest bank in terms of deposits – with about $26 billion more deposits than Citi – and yet it still didn’t make the presidential cut.
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