U.S. bank regulator to review Wells Fargo pick for chief executive
By Pete Schroeder
WASHINGTON, May 15 (Reuters) - The Office of the Comptroller
of the Currency (OCC) will evaluate Wells Fargo's pick
for its next chief executive, the regulator told Congress on
Joseph Otting, the regulator's top official, said the agency
would review the bank's pick, but that he did not plan to make
those findings public.
At a congressional hearing, Otting added that the OCC
remains disappointed by the bank's efforts to address a range of
scandals across its business lines.
(Reporting by Pete Schroeder
Editing by Bill Berkrot)
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