Wells Fargo CEO receives pay hike despite sales scandal Wells Fargo & Co's board of directors have awarded chief executive Timothy Sloan $12.8m for his work last year, a 17% increase, according to a proxy filing. Business • 16 Mar 17
Wells Fargo CEO receives pay hike despite sales scandal Wells Fargo & Co's board of directors have awarded chief executive Timothy Sloan $12.8m for his work last year, a 17% increase, according to a proxy filing. Business • 16 Mar 17
No 2016 cash bonuses for 8 senior Wells Fargo bosses Wells Fargo said eight senior executives, including chief executive Tim Sloan and chief financial officer John Shrewsberry, will not receive cash bonuses for 2016. Business • 01 Mar 17
No 2016 cash bonuses for 8 senior Wells Fargo bosses Wells Fargo said eight senior executives, including chief executive Tim Sloan and chief financial officer John Shrewsberry, will not receive cash bonuses for 2016. Business • 01 Mar 17
Stumpf resigns from Chevron, Target boards John Stumpf resigned from the boards of Chevron and Target a week after he quit Wells Fargo & Co as chief executive bowing to pressure over its sales tactics. Business • 19 Oct 16
Stumpf resigns from Chevron, Target boards John Stumpf resigned from the boards of Chevron and Target a week after he quit Wells Fargo & Co as chief executive bowing to pressure over its sales tactics. Business • 19 Oct 16
Wells Fargo profits down for 4th quarter in a row Wells Fargo & Co reported its fourth fall in quarterly profit in a row as it set aside funds for potential legal costs amid a bogus-account scandal that cost chief executive and chairman John Stumpf his job. Business • 14 Oct 16
Wells Fargo profits down for 4th quarter in a row Wells Fargo & Co reported its fourth fall in quarterly profit in a row as it set aside funds for potential legal costs amid a bogus-account scandal that cost chief executive and chairman John Stumpf his job. Business • 14 Oct 16
Wells Fargo CEO steps down after accounts scandal Embattled Wells Fargo chairman and CEO John Stump has retired with immediate effect following a sham accounts scandal, the San Francisco bank said last night. Business • 13 Oct 16
Wells Fargo CEO steps down after accounts scandal Embattled Wells Fargo chairman and CEO John Stump has retired with immediate effect following a sham accounts scandal, the San Francisco bank said last night. Business • 13 Oct 16
Wells Fargo CEO hammered by US politicians Embattled Wells Fargo CEO John Stumpf was hammered today by US politicians, who demanded accountability and called into question his fitness to serve as the bank's chief. Business • 29 Sep 16
Wells Fargo CEO hammered by US politicians Embattled Wells Fargo CEO John Stumpf was hammered today by US politicians, who demanded accountability and called into question his fitness to serve as the bank's chief. Business • 29 Sep 16
Wells Fargo CEO forfeits millions ahead of review Wells Fargo said its chief executive John Stumpf will forfeit unvested equity awards worth about $41m and will not get a salary while the company's board investigates the bank's sales practices. Business • 28 Sep 16
Wells Fargo CEO forfeits millions ahead of review Wells Fargo said its chief executive John Stumpf will forfeit unvested equity awards worth about $41m and will not get a salary while the company's board investigates the bank's sales practices. Business • 28 Sep 16
CEO takes 'full responsibility' for bogus accounts The CEO of Wells Fargo has apologised for the bank's years-long practice of opening as many as two million bogus customer accounts that generated fees for the lender. Business • 20 Sep 16
CEO takes 'full responsibility' for bogus accounts The CEO of Wells Fargo has apologised for the bank's years-long practice of opening as many as two million bogus customer accounts that generated fees for the lender. Business • 20 Sep 16
