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Wells Fargo CEO faces lawmakers, apologizes again

Wells Fargo's CEO, newly stripped of tens of millions in compensation, will face lawmakers with more defenses than he had in the last round. Continue reading ? The post Wells Fargo CEO faces lawmakers, apologizes again appeared first on PBS NewsHour.
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Watch Wells Fargo CEO John Stumpf Face House Panel Over Fake Accounts

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Questions for Stumpf include one about his sale of $13 million in stock, which Rep. Carolyn Maloney calls "by far the largest open-market sale of Wells Fargo stock" in the CEO's tenure.

Wells Fargo CEO: We should have done more sooner

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Wells Fargo CEO John Stumpf faced another round of questioning Thursday by the House Financial Services Committee over his bank's creation of fake accounts. "I am fully accountable for all unethical sales practices in our retail ban...

ELIZABETH WARREN: Wells Fargo's CEO losing $41 million in stock is a 'small step' but not enough

Politics : Business Insider: Politix

Elizabeth Warren doesn't think Wells Fargo went far enough by taking away $41 million in stock-based compensation from CEO John Stumpf.  In a tweetstorm on Wednesday, the Democratic Senator from Massachusetts said that the clawback ...

Wells Fargo CEO to face lawmakers with better defense

Business & Finance / Economics : Econwatch

John Stumpf appears before House panel after bank board stripped him of millions in stock awards amid bogus account scandal

Wells Fargo CEO to face lawmakers with better defense

Politics / US Politics : Washington Watch

Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, will face lawmakers with more defenses than he had in the last round, … Click to Continue »

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