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Wells Fargo CEO to forfeit $45 million in pay over fake-accounts scandal

Embattled Wells Fargo & Co. Chief Executive John Stumpf will forfeit compensation worth about $45 million, part of the company’s response to the still-unfolding scandal over millions of fake accounts created by bank employees. Stumpf will give up about 1 million in unvested stock awards, or about...
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Wells Fargo CEO John Stumpf is forfeiting $41 million in stock in the wake of his company's fake account scandal. Video provided by Newsy        

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