(Reuters) – U.S. senators grilled Wells Fargo & Co (WFC.N) Chief Executive Tim Sloan on Tuesday about what he had done to change the bank’s culture after a sales practices scandal erupted last year, with one senior Democratic lawmaker calling for his ouster.

Senate Banking Committee members flagged problems involving auto insurance and mortgage fees that came to light months after the lender disclosed it had created millions of phony customer accounts.

The ensuing scandal hammered Wells Fargo’s reputation and sparked management changes, lawsuits and government probes.

Read More At Article Source | Article Attribution