Wells Fargo CFO Shrewsberry: ‘I Wouldn’t Expect a Pivot Right Now’

Wells Fargo missed on the top and bottom line for the 2016 fourth quarter as it deals with the fallout over its accounts scandal. Wells Fargo investors are going to have to be patient as the bank implements its new compensation structure that is more customer focused rather than sales focused, CFO John Shrewsberry said on CNBC’s “Closing Bell” on Friday afternoon.