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Wells Fargo fires head of consumer lending for misconduct

CNNMoney

Wells Fargo has fired one of its most powerful executives for misconduct.
The scandal-ridden bank said Friday that it fired Franklin Codel, head of the consumer lending division, which churns out mortgages and auto loans. But Wells Fargo stressed it wasn't related to sales tactics, nor to the performance of the division.
Instead, the bank said Codel violated company policy "during a communication he had with a fo ...

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