On this episode of The Forum with CNBC’s Becky Quick, Wells Fargo Chairman and CEO Charles Scharf joins Sara Eisen, Co-Anchor of Squawk on the Street and Money Movers on CNBC, for a candid conversation on leading one of America’s largest banks through crisis, scandal, and transformation.

Drawing from his first years at Wells Fargo, Scharf reflects on taking over the company in 2019 amid the fallout of the fake-accounts scandal, stalled regulatory progress, and an unprecedented Federal Reserve asset cap. He discusses what he discovered when he arrived, why key remediation efforts had to “start from scratch,” and how he approached rebuilding internal controls, operational rigor, and leadership culture across the institution.

Scharf also explains how he navigated complex relationships with regulators, balanced political scrutiny, and undertook a major simplification and cost-reduction strategy that reshaped the bank and strengthened long-term performance. This conversation offers a rare inside look at one of the most challenging corporate turnarounds in modern banking.

Speakers

• Charles Scharf, Chairman & CEO, Wells Fargo
• Sara Eisen, Co-Anchor, Squawk on the Street and Money Movers, CNBC

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