Wells Fargo fires district managers in connection with improper sales practices

Wells Fargo & Co. (NYSE: WFC) recently fired about three dozen district managers in connection with improper sales practices, according to a Wednesday report from The Wall Street Journal.

Citing “people familiar with the matter,” the WSJ reports the managers were fired for oversight failure following the now-infamous sales scandal in Wells Fargo’s retail operations. That scandal, which involved millions of fake accounts created without customers’ knowledge or consent, was uncovered in late 2016.

Wells…