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Wells Fargo CEO says ousting most of board would be 'crazy'

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Gutting the board would be "absolutely irresponsible", said Mr Sloan.

New York

WELLS Fargo & Co's new chief executive officer, Tim Sloan, just survived his biggest test yet, when a board investigation found he wasn't to blame for the bank's notorious account scandal. But his next is just days away: persuading investors not to expel much of the board.

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