Post Profile

Wells Fargo CEO to face lawmakers with better defense

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

See more about: Wells Fargo John Stumpf

Related Posts

Wells Fargo execs forfeit $60 million over account scandal

Business & Finance : Mashable: Business

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 stem a scandal over its sales practices. The independent directors at...

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 forfeits $41 million amid fake account scandal

Business & Finance : USAToday: Money

Chief Executive Officer at Wells Fargo John Stumpf will forfeit about $41 million dollars of uninvested equity awards and will not receive a salary while the bank’s sales practices are being investigated.        

Wells Fargo CEO leaves bank panel in wake of fraud

Business & Finance : USAToday: Money

Wells Fargo CEO, John Stumpf, under fire for a scandal in which bank employees opened millions of unauthorized customer accounts, has resigned from a national panel that discusses economic and banking issues with the Federal Reserve...

Wells Fargo board forces CEO to forgo $41 million in compensation following bogus account scandal

News : The Raw Story

Wells Fargo CEO John Stumpf will forgo $41 million in compensation, the bank’s board of directors announced Tuesday, as punishment for a bogus accounts scandal that has rocked the company. The bank has already apologized and said it...


Copyright © 2016 Regator, LLC