You are here

The Fed wants to make life easier for big-bank directors

But its proposed regulatory guidance is likely to reduce vital interactions between bank examiners and bank boards

All eyes are on the Wells Fargo board of directors and its oversight of the troubled institution, as chairman Stephen Sanger (above) was reported to be stepping down in the coming months.

New York

AMID reports on Thursday that Stephen Sanger, chairman of the Wells Fargo board, may step down in the coming months, all eyes are on the bank's directors and their oversight of the troubled institution.

While some Wells Fargo shareholders are urging the bank's directors to...

Market voices on: