Banking's Mr. Clean Stares Down Account Scandal

The video discusses the upcoming testimony of Wells Fargo's CEO, John Stumpf, before Congress amid a scandal involving unauthorized accounts. Analysts predict a challenging session, reflecting on past financial crises. The bank is attempting damage control through media outreach and customer communication. Public reaction is largely negative, with many considering closing their accounts. The scandal has also affected Wells Fargo's stock, impacting major stakeholders like Berkshire Hathaway.

What can John Stumpf expect during his testimony in Washington next week?

How has the reputation of John Stumpf been affected by the recent events?

How have analysts reacted to the situation surrounding Wells Fargo?

What steps has Wells Fargo taken to address the unauthorized accounts issue?

What was the public reaction on social media regarding Wells Fargo's situation?