January 24, 2020
Via: Banking TechnologySeven other former Wells Fargo executives were reprimanded by the Office of the Comptroller of the Currency (OCC), tallying fines with Stumpf which collectively come to at least $59 million. Stumpf agreed to his settlement alongside two other executives, having […]
October 13, 2016
Via: CNBCWells Fargo said on Wednesday that Chairman and CEO John Stumpfwill retire effective immediately in the wake of a sales scandal at the bank. The company’s board of directors elected President and Chief Operating Officer Tim Sloan to succeed him […]
September 28, 2016
Via: CNBCWells Fargo CEO John Stumpf will forfeit about $41 million in unvested equity and temporarily forgo his salary, as the company’s independent directors launch an investigation into the company’s retail banking practices. The bank also said on Tuesday that Carrie […]
September 22, 2016
Via: TheStreetEarlier this year, following Deutsche Bank’s (DB) massive loss of $7.5 billion the Bank’s CEO John Cryan told the Financial Times’s Laura Noonan in a phone call that the bank he’d like to run was Wells Fargo (WFC) . Months later, […]
September 20, 2016
Via: TheStreetWells Fargo (WFC) CEO John Stumpf is fielding questions from the Senate Banking Committee today on nearly 2 million accounts that may have been opened without customer approval by employees attempting to meet sales goals. Stumpf is joined by Thomas Curry, […]
July 11, 2024
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