-
John Stumpf's Decision To Forgo $41 Million In Pay Is A 'Good First Effort'
Wednesday, September 28, 2016 - 1:28pm | 348The scandal plaguing Wells Fargo & Co (NYSE: WFC) is showing no signs of dying down and the company's CEO John Stumpf's decision to forego $41 million in pay may not be sufficient. In an interview with Bloomberg Television Wednesday, FBR Capital Markets' banking analyst Paul...
-
Wells Fargo Executive Wallets May Get Thinner; Board Considering Pay Clawbacks
Tuesday, September 27, 2016 - 3:08pm | 248Fresh from the controversy surrounding the opening of fake accounts, Wells Fargo & Co (NYSE: WFC) seems to be embarking on damage control measures. According to a Wall Street Journal report, executives at the beleaguered bank are in line for pay cuts. The report singled out the company's...
-
Hillary Clinton's 3-Point Plan To Fix Our Financial System
Tuesday, September 20, 2016 - 3:44pm | 516Democratic presidential nominee Hilary Clinton shared an open letter on her website regarding the banking industry, specifically addressed to Wells Fargo & Co (NYSE: WFC) customers. The letter focused upon the recent fraud accusation the company is undergoing and its implications within the...