Financial Times sources report that the departure of Roemer has occurred shortly after the creation of a set of “divisional risk officers.”
The move is seen by some at the bank as undermining previous attempts to centralise responsibility for risk and compliance.
Wells Fargo is still recovering from a $3 billion settlement over a long-lasting investigation into fraudulent account opening.
The bank pressured employees to cross-sell products and services, leading them to create millions of fake accounts using forged and fraudulent customer signatures.
