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Wells Fargo Just Clawed Back $60 Million From Scandal Execs--And It's Not Enough

Wells Fargo's own standards suggest the scandal execs may have another round of clawbacks coming.
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When the Senate Banking Committee grills Wells Fargo & Co.’s chairman Tuesday about the banking giant’s sales scandal, look for the word “clawback” to come up more than once. That’s a reference to rescinding, or clawing back, part o...

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

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