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Company News

Wells Fargo CEO apologizes for remark about diverse talent

Sept 23 (Reuters) - Wells Fargo & Co Chief Executive Officer Charles Scharf apologized on Wednesday for “making an insensitive comment reflecting my own unconscious bias”, a day after Reuters reported he had exasperated Black employees by saying the bank had trouble with diversity goals due to a shortage of minority talent.

Reporting by Abhishek Manikandan in Bengaluru; Editing by Anil D’Silva

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