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Wells Fargo CEO forfeits $41M, skips pay; another exec out

A five-member team of the board of directors at Wells Fargo will determine whether if the bank will claw back pay.        
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Wells Fargo Claws Back Millions From CEO And Division Head After Scandal

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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

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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 »

Amid scandal, Wells Fargo claws back CEO pay

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

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

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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...

Wells Execs Forfeit $60 Million; May Be Just The Beginning

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Earlier today we noted that Wells Fargo's board was actively considering whether to claw back pay from former retail-banking head Carrie Tolstedt as well as from Chief Executive John Stumpf. Now, just a few short hours later it look...


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