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Republicans brand another villain in Wells Fargo scandal: the Consumer Financial Protection Bureau

Wells Fargo & Co. Chief Executive John Stumpf took the full brunt of congressional anger over the bank’s fake-accounts scandal at a Senate hearing last week and will face more outrage on Thursday before a House panel. But this time, he could share the villain’s role with a favorite target of House...
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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...

It's 'despicable' to blame low-paid Wells Fargo workers, Sen. Bob Menendez says

Business & Finance : Money & Co

Wells Fargo live updates: When did CEO John Stumpf know about bogus accounts? Well... Sept. 20, 2016, 9:14 a.m. Wells Fargo Chief Executive John Stumpf is testifying before the Senate Banking Committee, which is grilling him on the ...

Wells Fargo CEO resigns from Federal Reserve advisory panel following fake-accounts scandal

Business & Finance : LA Times: Business

Wells Fargo & Co. Chief Executive John Stumpf has resigned from a Federal Reserve advisory panel, the latest fallout from the banking giant’s fake-accounts scandal. Stumpf’s move came after five senators called for him not to be rea...

Wells Fargo CEO Stumpf, Head of Community Bank Hit With Multi-Million in Clawbacks: Labor Department Opens

Business & Finance / Economics : Naked Capitalism

Wells Fargo's board acts against CEO John Stumpf right before a House hearing. Is this to blunt the interrogation or to save his hide?

Morning Agenda: Wells Fargo Clawback, Standard Chartered Investigated, Ex-A.I.G. Chief Testifies

Business & Finance : DealBook

Wells Fargo has announced that it will claw back pay worth $41 million from John G. Stumpf, the chief executive.


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