BRIEF-Mori Hills Reit Investment to issue REIT bonds worth 2 bln yen
* Says it to issue its 18 series REIT bonds worth totally 2 billion yen with interest rate of 0.49 percent
NEW YORK Oct 12 Wells Fargo & Co chairman and chief executive officer, John Stumpf, will retire and the board of directors has chosen Tim Sloan as the new CEO, the U.S. West Coast-based bank said on Wednesday.
Stephen Sanger will be chairman and Elizabeth Duke the vice chair.
The changes are effective immediately.
Wells Fargo is due to report third-quarter earnings on Friday after a Congressional probe and lawsuits following complaints that unauthorized customer accounts to meet sales targets were opened. (Reporting by Carmel Crimmins; Editing by Bernard Orr)
* As of Jan 19, 2017 financial target for net imterest margin is between 3.1 percent to 3.3 percent Source text for Eikon: Further company coverage:
WASHINGTON, Jan 23 Volkswagen AG's dealers will receive an average of $1.85 million in a $1.2 billion settlement approved by a U.S. judge on Monday over its diesel emissions scandal.