Markets

Warren Buffett says Wells Fargo ‘incentivized the wrong behaviour,’ and Charlie Munger says he wishes Tim Sloan was still CEO

Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger addressed a question about Wells Fargo at Berkshire’s annual shareholder meetingSaturday. Buffett said the bank appeared to incentivise “the wrong behaviour.” Munger said he wished the former bank CEO, Tim Sloan, was still in his post. Follow Markets Insider’s coverage […]
Warren Buffett says Wells Fargo ‘incentivized the wrong behaviour,’ and Charlie Munger says he wishes Tim Sloan was still CEO