Viewsroom: Wells Fargo searches for a leader

Viewsroom

Reuters

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4.4 • 58 Ratings

🗓️ 11 April 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

The U.S. bank may be tempted to recruit from splashy peers like Goldman Sachs. But there are better reasons to poach from smaller firms. Meanwhile, the $170 bln Chinese liquor maker Kweichow Moutai is worth more than Diageo. Breakingviews columnists discuss the firewater’s draw. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	To be or not to be.
0:02.8	Right now we're offering a range of incentives across Audi models.
0:06.5	That is the...
0:07.5	But only until the 28th of February.
0:10.0	The...
0:10.7	Um...
0:12.0	So stop whatever you're doing.
0:14.4	Um... I'll be right back.
0:17.1	Just carry on without me.
0:18.3	And find yours online or at Finchley Road, Audi.
0:21.5	Audi, four-sprung Duck Technic.
0:23.8	Terms and conditions apply.
0:25.1	Selected models, retail customers and participating Audi centers only.
0:29.8	The views expressed on this podcast are those of the participants, not of Roalders' News.
0:39.9	Welcome to the viewss Room, a podcast from Reuters Breaking Views. I'm Jennifer
0:43.6	Sabah. On top for this week, we'll be discussing the CEO search at Wells Fargo before
0:48.7	passing the baton to our colleagues in Asia who will chat about the Chinese liquor company
0:52.8	that is going gangbusters.
0:59.2	Before we get to the firewater, I have in the studio with me, Breaking Views, U.S. editor,
1:04.5	John Foley, joining me to chat about Wells Fargo. Hi, John. Hi, John. All right, so last month, Wells Fargo CEO Tim Sloan handed in his resignation ending a 31-year career with the bank,
1:10.3	and in some ways that was part of
1:11.4	the problem. He was an insider who took over for John Stumpf, the chief executive who was
	...

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