Weekly Briefing No. 50 | The Wells Fargo Board Should Visit Wrigley Field

Wells Fargo’s new skipper, fintech chatbots and Deep Learning all caught our attention this week. Also in the batter’s box: TechCrunch’s Bitcoin series, Goldman’s launch of Marcus, Cloud9’s fundraising and why insurance companies are subsidizing smart homes. Finally, we note WayUp, a marketplace for college students, and Crowdcube’s appointment of a chairman. IN DEPTHThe Wells Fargo board should visit Wrigley Field.Last Wednesday, Wells Fargo did the right thing in changing its CEO. But in promoting Tim Sloan, a 29-year veteran of the bank, the board looks to have made a very cautious choice in light of the major reputational damage sustained by the bank. Sloan is intent on hiring a slew of new risk management professionals and could wind up being a new, enthusiastic buyer for all sorts of compliance…


Link to Full Article: Weekly Briefing No. 50 | The Wells Fargo Board Should Visit Wrigley Field