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Where is Wells Fargo's $60 million going?

The scandal-ridden bank is holding back compensation from two execs, but consumers won't be seeing the recovered amount for now.
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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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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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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...

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