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Another Flogging for Wells Fargo

As lawmakers grilled the bank’s CEO, the Justice Department announced a $4 million settlement for a separate scandal.
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Wells Fargo's CEO is giving up $41 million over the phony accounts scandal

Business & Finance : Business Insider: Clusterstock

Wells Fargo CEO John Stumpf will temporarily forgo his salary for 2016 while the bank launches an independent investigation over phony accounts created by employees to reach aggressive sales targets. Follow BI Video: On Twitter Join...

Labor Department will probe Wells Fargo; CEO forfeiting $41 million in stock

Lifestyle / Fashion : AOL: Style

Secretary of Labor Tom Perez on Tuesday said he would initiate a "top-to-bottom" review of labor practices at disgraced bank Wells Fargo — coming as CEO John Stumpf agreed to forfeit $41 million over a brewing sales scandal. Perez w...

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...

Wells Fargo CEO forfeits millions in pay as scandal unfolds

Business & Finance : USAToday: Money

Wells Fargo CEO John Stumpf is giving up $41 million in unvested equity. The clawback relates to the still unfolding scandal over millions of fake accounts set up at the bank.        

How Congressmen are celebrating their grilling of Wells Fargo CEO

Business & Finance : Mashable: Business

A "joyous occasion"? Maybe not for Wells Fargo CEO John Stumpf, who testified on Capitol Hill Thursday about the bank's recent scandal.  The San Francisco-based bank was fined $185 million by the Consumer Financial Protection Bureau...


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