Morning Scan: More Big Bank Personnel Changes; Goldman Faces EU Fine

Receiving Wide Coverage ...

Lots (and Lots) of Personnel Changes: News broke late yesterday that Wells Fargo was shuffling around some of its senior executives. Timothy Sloan is vacating his chief financial officer position to take over as Wells' head of wholesale banking. He replaces David Hoyt, who is retiring. John Shrewsberry, currently head of securities, will take over Sloan's CFO position. Wells didn't offer much of an explanation for the changes. CEO John Stumpf issued...