Wells Fargo CEO apologizes for remark about lack of diverse talent

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Wells Fargo CEO apologizes for remark about lack of diverse talent
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Wells Fargo CEO Charles Scharf apologized for ‘making an insensitive comment reflecting my own unconscious bias,’ following a Reuters report that he’d exasperated some Black employees in a Zoom meeting this summer

FILE PHOTO: Wells Fargo CEO Charlie Scharf testifies before a House Financial Services Committee on Capitol Hill in Washington, U.S., March 10, 2020. REUTERS/Carlos Barria/File Photo

Reuters reported on Tuesday that Scharf had exasperated some Black employees in a Zoom meeting this summer when he reiterated that the bank had trouble reaching diversity goals because there were not enough qualified minority candidates.He also made the assertion in a company-wide memo June 18 that announced diversity initiatives as nationwide protests broke out following the death of George Floyd, an unarmed African-American man, in police custody.

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