Wells Fargo CEO blames bank’s recent woes on rogue employees, not systemic problems

The CEO of beleaguered San Francisco bank Wells Fargo is defending the company itself, saying in an interview that a recent mass firing of employees who allegedly were involved in illegal activities was the result of inept workers, not systemic problems at the bank. “There was no incentive to do bad things,” Chief Executive Officer John Stumpf told the Wall Street Journal in an interview this week. “I feel accountable and our leadership team feels accountable — and we want all our stakeholders…