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Wells CEO To Tell American People He Is "Deeply Sorry" And "Accepts Full Responsibility", But Won't Resign

Business & Finance : Zero Hedge

Today at 10am, the US public will be treated to the latest Congressional kangaroo court, when Wells Fargo CEO John Stumpf will tell the Senate Banking Committee that he is "deeply sorry", and accepts “full responsibility” for unethi...

Wells Fargo faces 'top-to-bottom' Labor Department review for possible workplace violations

Business & Finance : Money & Co

The Labor Department has launched a “top-to-bottom review” of how Wells Fargo & Co. treated employees as it pushed the aggressive sales quotas that led to the bank’s fake-accounts scandal A working group that includes officials from...

Wells Fargo CEO at Senate Banking Committee: Five Takeaways

Time to Treat Bank CEOs Like Adults

Business & Finance : Huffington Post: Business Blog

The country's major banks are like trouble-making adolescents. They constantly get involved in some new and unimagined form of mischief. Back in the housing bubble years it was the pushing, packaging, and selling of fraudulent mortg...

Wells Fargo may claw back some of CEO John Stumpf's compensation

Business & Finance : Business Insider: Clusterstock

Wells Fargo's board of directors is leaning toward clawing back stock-based compensation from Wells Fargo CEO John Stumpf and Carrie Tolstedt, the firm's former head of community banking, according to The Wall Street Journal's Emily...

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