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Wells Fargo CEO on Capitol Hill testifying on accounts scandal

Wells Fargo’s CEO Tim Sloan has begun his testimony before the Senate Banking Committee Tuesday, apologizing for a sales scandal and outling reforms tajen at the bank over the past year. The nation’s No. 3 bank by assets is committed to addressing any concern customers have about unwanted products, Sloan said in his opening remarks. “If there is a problem, we want to hear about it,” he said.