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Wells Fargo CEO, executives will forfeit tens of millions in bonuses

Bank says CEO John Stumpf and the executive who ran the consumer banking division will forfeit huge bonuses as it tries to stem a scandal over its sales practices
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Wells Fargo CEO Stumpf To Forfeit $41 Million As Probe Launches After Fake Account Scandal

News : Huffington Post

Wells Fargo & Co said on Tuesday that it had launched an independent investigation into the firm’s retail banking sales practices. Wells Fargo, the United States’ third-largest bank by assets, agreed to pay $190 million earlier this...

Amid scandal, Wells Fargo claws back CEO pay

News : Yahoo! News: The Upshot

CEO John Stumpf and a former Wells executive will forfeit millions of dollars in bonuses, the bank's board says.

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

Business & Finance : LA Times: Business

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. Stump...

Wells Fargo Claws Back Millions From CEO And Division Head After Scandal

Business & Finance / Mortgage & Banking : Mortgage Lender Implode-O-Meter

Wells Fargo & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank's burgeoning sales scandal, marking one of the biggest rebukes to the head of a major U.S. financial institution. The bank's board move...

Wells Fargo claws back part of CEO, other executive's salary

Politics / US Politics : Washington Watch

Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to … Click to Continue »


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