The Wells Fargo board of directors has completed its investigation into the bank’s fake account fiasco, which saw Wells employees open more than two million bogus accounts in customers’ names. For their failure to curb this bad behavior, “retired” CEO John Stumpf and former head of retail banking Carrie Tolstedt have had an additional $75 million in compensation clawed back.
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well that’s that
Wells Fargo Takes Back Another $75M From Former CEO & Exec Blamed For Fake Accounts
By 4.10.17 — Updated: 5.10.17
