Wells Fargo CEO due to testify before Senate banking panel Oct. 3

Tim Sloan, the chief executive officer of Wells Fargo (NYSE:WFC), is due to testify before the Senate Banking Committee on October 3, said sources familiar with the scheduled meeting.

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Sloan is due to brief lawmakers on work to remediate the bank after a phony accounts scandal erupted last year and a more recent scandal involving unwanted auto insurance.

(Reporting By Patrick Rucker)