People Moves Related to "Charlie Scharf rides roughshod over genteel 'Abbot Downing' brand, ditching stagecoach era throwback, amid rampant cost-cutting to restore profits and bank's good name"
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In RIA custody milieu, Charlie Scharf's BNY Mellon exit for Wells Fargo is latest unforeseen vapor trail after Lisa Dolly, Tim Hockey, Terri Kallsen, Andy Gill and others fade into the firmament
The CEO-for-rent will face a monumental challenge turning around Wells Fargo, but perhaps not as bleak a landscape for profit margins; Is the RIA free ride coming to an end?