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04-10-2017, 02:58 PM
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This may be about The new Wells Fargo claw back.
Wells Fargo board slams former CEO Stumpf and Tolstedt, claws back $75 million
Wells Fargo's independent directors have decided to initiate corporate pay clawbacks that total some of the largest in history, after concluding a six-month investigation into the beleaguered institution's retail banking sales practices, it was revealed Monday.
A board review, a copy of which was obtained by CNBC, indicated that former Wells Fargo Chairman and CEO John Stumpf acknowledged that he made significant mistakes and helped create a culture at the bank that resulted in abuses, including the creation of fake consumer accounts
http://www.cnbc.com/2017/04/10/wells-far...lions.html
This may be about The new Wells Fargo claw back.
Wells Fargo board slams former CEO Stumpf and Tolstedt, claws back $75 million
Wells Fargo's independent directors have decided to initiate corporate pay clawbacks that total some of the largest in history, after concluding a six-month investigation into the beleaguered institution's retail banking sales practices, it was revealed Monday.
A board review, a copy of which was obtained by CNBC, indicated that former Wells Fargo Chairman and CEO John Stumpf acknowledged that he made significant mistakes and helped create a culture at the bank that resulted in abuses, including the creation of fake consumer accounts
http://www.cnbc.com/2017/04/10/wells-far...lions.html