Wells Fargo backlash “” Refinitiv CEO embraces flexible work “” Hotel lenders look to dump loans

  • Date: 24-Sep-2020
  • Source: Business Insider
  • Sector:Economy
  • Country:GCC
  • Who else needs to know?

Wells Fargo backlash “” Refinitiv CEO embraces flexible work “” Hotel lenders look to dump loans

Yesterday I wrote about a Reuters report published on Tuesday about comments Wells Fargo's CEO had made over the summer about hiring minority candidates and the "very limited pool of black talent to recruit from."

Charlie Scharf, the bank's chief executive, issued a company-wide memo on Wednesday apologizing for those comments, but the damage was already done for many. Scharf and the bank have received backlash from seemingly every corner of the internet, including tweets from Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Sherrod Brown (D-OH).

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Refinitiv's CEO: Flexible working