Wells Fargo ‘Can’t Promise’ End to Scandals as Reviews Go On

The battering Wells Fargo & Co. has taken over the past year from multiple scandals in its consumer operations might not be finished, Chief Executive Officer Tim Sloan said.

“We’ve been very focused on opening every drawer and turning over every rock in the company,” Sloan said Sept. 12 at an investor conference in New York, where many of the questions focused on recent damage to the bank’s reputation. “I can’t promise you that it’s exactly over with.”

Sloan said other problems could be found by consultants the San Francisco-based lender hired to review business units outside the retail bank, ...