Wells Fargo's chief compliance officer quits - FT
(Reuters) - Wells Fargo & Co's compliance chief is leaving after two years of trying to turn around the scandal-plagued bank's internal oversight and risk management functions, the Financial Times reported on Thursday, citing people familiar with the decision. Chief Compliance Officer Mike Roemer will be replaced by Paula Dominick, who has been chief compliance officer for Credit Suisse Americas and previously worked for Bank of America Corp , according to the report https://www.ft.com/content/ffeb7a3b-6908-4ea5-a848-841bad14297b.
(Reuters) - Wells Fargo & Co's
Chief Compliance Officer Mike Roemer will be replaced by Paula Dominick, who has been chief compliance officer for Credit Suisse Americas and previously worked for Bank of America Corp
Wells Fargo declined to comment on the report.
The move comes after Wells Fargo said in July that Mike Santomassimo would replace John Shrewsberry as chief financial officer when he retires in the fall after more than two decades at the firm.
Since taking over as chief executive in October, Charles Scharf has shaken up leadership at the bank and installed a slew of former colleagues and confidants in top positions.
The change at Wells Fargo also comes as it gears up to launch a broad cost-cutting initiative this year and continues to work through expensive regulatory and operational problems tied to a long-running sales scandal.
(Reporting by Noor Zainab Hussain in Bengaluru and Imani Moise in New York; Editing by Anil D'Silva)
This story has not been edited by Firstpost staff and is generated by auto-feed.
ATHENS (Reuters) - Greek police used teargas and water cannon to disperse people who had gathered in central Athens on Saturday to protest against mandatory COVID-19 vaccinations. More than 4,000 people rallied outside the Greek parliament for a third time this month to oppose mandatory inoculations for some workers, such as healthcare and nursing staff.
ISTANBUL (Reuters) - Two Turkish soldiers were killed and two were wounded in an attack on their armoured vehicle in northern Syria, and Turkish forces immediately launched retaliatory fire, Turkey's defence ministry said on Saturday. "Our punitive fire against terrorist positions is continuing," the statement on Twitter on said. It did not specify where the attack occurred, but media reports said it was in the al-Bab area.
By Marcelo Rochabrun SAO PAULO (Reuters) - Protesters took to the streets in several Brazilian cities on Saturday to demand the impeachment of far-right President Jair Bolsonaro, whose popularity has fallen in recent weeks amid corruption scandals against the backdrop of the pandemic. This week, news broke that Brazil's defense ministry told congressional leadership that next year's elections would not take place without amending the country's electronic voting system to include a paper trail of each vote. Bolsonaro has suggested several times without evidence that the current system is prone to fraud, allegations that Brazil's government has denied