Driving friends to dinner one recent night, Paul Hazen slowed down as he entered an intersection. The driver of a car in the cross-street hesitated. The Wells Fargo & Co. chairman glanced once at the other driver and barreled through.

"Somebody's got to be first," a passenger recalled him saying.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.